Could Mexico become the new 'China'?: Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ?
Over the last decade, Mexico's unit labour costs decreased relative to other emerging markets', especially compared to China's. This decrease boosted Mexico's trade competitiveness, particularly in the manufacturing sector. However, Mexico's increasing competitiveness masks...
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| Main Author: | |
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| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2016
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| Series: | OECD Productivity Working Papers
no.4 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | Over the last decade, Mexico's unit labour costs decreased relative to other emerging markets', especially compared to China's. This decrease boosted Mexico's trade competitiveness, particularly in the manufacturing sector. However, Mexico's increasing competitiveness masks one of the country's fundamental concerns, which is the absence of productivity improvements. The aim of this paper is two-fold: first, we examine the evolution of total factor productivity in Mexico's manufacturing sector, as compared to China's. Firm-level data is employed to analyse the distribution and characteristics of productivity across Mexico's regions. Second, using regional data for the period 2005-2012, we study the policy impediments behind sluggish productivity improvements, particularly to determine how labour informality may have contributed. The study takes advantage of Mexico's heterogeneity across regions in terms of productivity, market regulation, financial constraints and firm size to identify economic policies that can help to boost productivity in the future. |
| Physical Description: | 1 Online-Ressource (29 Seiten) 21 x 29.7cm. |
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| spelling | Dougherty, Sean VerfasserIn aut Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? Sean, Dougherty and Octavio, Escobar Le Mexique en phase de devenir la nouvelle Chine ? Paris OECD Publishing 2016 1 Online-Ressource (29 Seiten) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Productivity Working Papers no.4 Over the last decade, Mexico's unit labour costs decreased relative to other emerging markets', especially compared to China's. This decrease boosted Mexico's trade competitiveness, particularly in the manufacturing sector. However, Mexico's increasing competitiveness masks one of the country's fundamental concerns, which is the absence of productivity improvements. The aim of this paper is two-fold: first, we examine the evolution of total factor productivity in Mexico's manufacturing sector, as compared to China's. Firm-level data is employed to analyse the distribution and characteristics of productivity across Mexico's regions. Second, using regional data for the period 2005-2012, we study the policy impediments behind sluggish productivity improvements, particularly to determine how labour informality may have contributed. The study takes advantage of Mexico's heterogeneity across regions in terms of productivity, market regulation, financial constraints and firm size to identify economic policies that can help to boost productivity in the future. Economics China, People's Republic Escobar, Octavio MitwirkendeR ctb |
| spellingShingle | Dougherty, Sean Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? Economics China, People's Republic |
| title | Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? |
| title_alt | Le Mexique en phase de devenir la nouvelle Chine ? |
| title_auth | Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? |
| title_exact_search | Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? |
| title_full | Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? Sean, Dougherty and Octavio, Escobar |
| title_fullStr | Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? Sean, Dougherty and Octavio, Escobar |
| title_full_unstemmed | Could Mexico become the new 'China'? Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? Sean, Dougherty and Octavio, Escobar |
| title_short | Could Mexico become the new 'China'? |
| title_sort | could mexico become the new china policy drivers of competitiveness and productivity le mexique en phase de devenir la nouvelle chine |
| title_sub | Policy drivers of competitiveness and productivity = Le Mexique en phase de devenir la nouvelle Chine ? |
| topic | Economics China, People's Republic |
| topic_facet | Economics China, People's Republic |
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