NAFTA and the Mexican Manufacturing Sector

NAFTA and the Mexican Manufacturing Sector

Author: Raúl Vázquez-López

Publisher: Springer Nature

Published: 2020-09-14

Total Pages: 115

ISBN-13: 3030552659

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This volume discusses the development of the Mexican manufacturing sector during the NAFTA era. This book pursues several objectives simultaneously. Firstly, it gives continuity to and revitalizes the structuralist economic perspective and debate proposed by Latin American development theory. Secondly, it analyzes the trend of structural heterogeneity in Mexico from 1994-2008 using the manufacturing sector as a case study. Lastly, it uses methodologies established by the Economic Commission for Latin America and the Caribbean (ECLAC) to provide an in-depth statistical evaluation of the effects of economic liberalization on structural change, labor productivity, production concentration, and dynamic competitiveness in the main industries of the sector: food, beverages, and tobacco; textiles and apparel; chemistry; electromechanics. Providing historical context for the evolution of Mexico’s economy after trade liberalization, this volume will be of interest to students, scholars, and researchers of industrial economics, economic development, Latin-American studies, developing studies, international economics, international relations, political science, and economic geography.


NAFTA’s Impact on Mexico’s Regional Development

NAFTA’s Impact on Mexico’s Regional Development

Author: Adrián de León-Arias

Publisher: Springer Nature

Published: 2021-10-01

Total Pages: 162

ISBN-13: 9811631689

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In this book, the dynamics of continuity and change in the regional economic development of Mexico and the US border states are analyzed. These studies cover the last 25 years, after the first trade agreement, between a developed and a developing country, tooks place, and where international trade and investment have been combined with a set of relevant local factors such as regional innovation, industrialization patterns, multinational corporations’ modes of operation, public investment, and national content of exports. The book offers researchers a precise identification of stylized facts that characterize the pattern of regional development in Mexico and the US Southwest as well as state-of-the-art applications contrasting hypotheses from new economic geography, endogenous and neo-Schumpeterian economic growth models, and new international trade. To graduate and advanced undergraduate students in the fields of spatial geographic economics, this book offers an excellent source for its updated review of current topics on regional development in Mexico. To policy makers, the book helps to identify policy areas to reinforce the dynamics of regional development. Whereas other books have looked at the several impacts of NAFTA on national economies, productive sectors, and societies, this book analyzes the trade agreement’s impact with a long-term view across the diversity of developments of Mexico ́s regions. As well, the analysis is carried out with the perspective of prospective reforms of a renovated trade agreement between the United States and the new Mexican federal administration . The collaborators in this book are researchers who are experts at the international and national levels in the field of regional economic development. During the last 25 years they have conducted their analyses in different regions of Mexico and the United States as university researchers, advisors to state and federal governments, and as practitioners.


Wages and Productivity in Mexican Manufacturing

Wages and Productivity in Mexican Manufacturing

Author: Gladys Lopez Acevedo

Publisher: World Bank Publications

Published: 2003

Total Pages: 44

ISBN-13:

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The author identifies the determinants of wages and productivity in Mexico over time using national representative linked employer-employee databases from the manufacturing sector. She shows that both employers and employees are benefiting from investments in education, training, work experience, foreign research and development, and openness after the North American Free Trade Agreement (NAFTA). Additional years of schooling have a higher impact on wages and productivity after NAFTA than before. Endogenous training effects are larger for productivity than for wages, suggesting that the employers share the costs and returns to training. The author also finds that investment in human capital magnifies technology-driven productivity gains. By comparing four regions of Mexico-north, center, south, and Mexico City-regional wage and productivity gaps are found to have increased over time.


Mexico

Mexico

Author: Juan Carlos Moreno-Brid

Publisher: Boom Koninklijke Uitgevers

Published: 2005

Total Pages: 40

ISBN-13: 9789211215779

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This article concerns Mexico's industrial policy and economic performance, focusing on an analysis of the structural changes associated with NAFTA that have occurred in the country's manufacturing sector. The purpose of the article is to improve our understanding of why the post-NAFTA evolution of the Mexican economy has been characterized by lights and shadows, with low inflation, low budget deficit and a surge in non-oil exports, and on the other hand a slower than expected expansion of economic activity and employment. The article also presents some implications of economic policy that are essential for formulating a new development agenda in Mexico by which the country can finally succeed in its endeavour to attain high and sustained economic growth.


U. S. -Mexico Economic Relations

U. S. -Mexico Economic Relations

Author: M. Angeles Villareal

Publisher: DIANE Publishing

Published: 2011-01

Total Pages: 24

ISBN-13: 1437929389

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This is a print on demand edition of a hard to find publication. Mexico has a population of about 110 million people making it the most populous Spanish-speaking country in the world and the third most populous country in the Western Hemisphere. Based on a GDP of $1.0 trillion in 2008, Mexico has a free market economy with a strong export sector. The U.S. and Mexico have strong economic ties. An important feature of the relationship is the North American Free Trade Agreement (NAFTA). Mexico is the U.S.¿ third largest trading partner, while the U.S. ranks first among Mexico¿s trading partners. Contents of this report: (1) Intro.; (2) U.S.-Mexico Economic Trends; (3) Mexican Economy; (4) NAFTA and the U.S.-Mexico Econ. Relationship; (5) Major Issues in U.S.-Mexico Trade Relations; (6) Policy Issues. Illus.


Wages and Productivity in Mexican Manufacturing

Wages and Productivity in Mexican Manufacturing

Author: Gladys Lopez-Acevedo

Publisher:

Published: 2016

Total Pages: 37

ISBN-13:

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Acevedo identifies the determinants of wages and productivity in Mexico over time using national representative linked employer-employee databases from the manufacturing sector. She shows that both employers and employees are benefiting from investments in education, training, work experience, foreign research and development, and openness after the North American Free Trade Agreement (NAFTA). Additional years of schooling have a higher impact on wages and productivity after NAFTA than before. Endogenous training effects are larger for productivity than for wages, suggesting that the employers share the costs and returns to training. The author also finds that investment in human capital magnifies technology-driven productivity gains. By comparing four regions of Mexico - north, center, south, and Mexico City - regional wage and productivity gaps are found to have increased over time.This paper - a product of the Economic Policy Sector Unit, Latin America and the Caribbean Region - is a background paper for the region's 2002 Flagship Report quot;Knowledge in Latin America and the Caribbean: Reconsidering Education, Training, and Technology Policies.quot.


How Has Nafta Affected the Mexican Economy? Review and Evidence

How Has Nafta Affected the Mexican Economy? Review and Evidence

Author: Mr.Ayhan Kose

Publisher: International Monetary Fund

Published: 2004-04-01

Total Pages: 50

ISBN-13: 1451847971

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This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business cycle dynamics, are documented with reference both to stylized facts and recent empirical research. The paper concludes by drawing lessons from Mexico's NAFTA experience for policymakers in developing countries. The foremost of these is that in an increasingly globalized trading system, bilateral and regional free trade arrangements should be used to accelerate, rather than postpone, needed structural reform.


Mexico

Mexico

Author: United Nations Industrial Development Organization

Publisher: United Nations Industrial Development Organization

Published: 1993

Total Pages: 256

ISBN-13:

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The report is intended for all involved in Mexican industrialization, whether they operate from Mexico, from Mexico's major trading partners or from countries - such as those in the Pacific Economic Co-operation Conference - which are viewed as promising markets for Mexican manufacturers. It should be useful to potential investors and trade partners who need to find out precise details and statistics on all branches of Mexican industry.


NAFTA in Transition

NAFTA in Transition

Author: Stephen J. Randall

Publisher: University of Calgary Press

Published: 1995

Total Pages: 441

ISBN-13: 1895176638

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This volume provides a comprehensive analysis of the economic, social, cultural and political dimensions of the evolving trilateral relationship among the three countries of North America. Contributors address such topics as energy, the environment, trade, labour, the maquiladora industrial sector of Mexico, the Mexican auto industry, and Canada - U.S. cultural relations.While other publications have focused on U.S. issues, this one emphasizes Canada and Mexico, yet adds significantly to our understanding of the place of the United States in this evolving trilateral relationship.