A review of Mexico's participation in global value chains:
Mexico is well integrated into global value chains (GVCs). Its exports as a share of GDP have tripled since 1988. Mexico's participation in GVCs is mainly driven by backward linkages, i.e. the share of foreign value added in Mexico's total exports is large, which reflects Mexico's imp...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2024
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.1802 |
| Schlagworte: | |
| Online-Zugang: | DE-862 DE-863 |
| Zusammenfassung: | Mexico is well integrated into global value chains (GVCs). Its exports as a share of GDP have tripled since 1988. Mexico's participation in GVCs is mainly driven by backward linkages, i.e. the share of foreign value added in Mexico's total exports is large, which reflects Mexico's importance in assembling processes in some manufacturing sectors. Conversely, forward participation, i.e. to what extent trading partners exports incorporate Mexico's value added, remains low. Ongoing nearshoring trends provide opportunities to strengthen and improve Mexico's participation in GVCs, and to move up in the value chain and develop stronger forward linkages, which are associated to higher productivity growth. This paper zooms into the most recent developments to assess whether Mexico is already benefiting from these trends. The empirical analysis suggests that Mexico's wide trade agreements and low tariffs, will help, but improving the business environment and the rule of law, a better educated workforce, or increasing female labour participation would also facilitate deepening forward GVCs linkages. |
| Beschreibung: | 1 Online-Ressource (27 Seiten) 21 x 28cm. |
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| indexdate | 2025-03-18T14:28:52Z |
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| spelling | Vidal, Elena VerfasserIn aut A review of Mexico's participation in global value chains Elena, Vidal and Alberto, González Pandiella Paris OECD Publishing 2024 1 Online-Ressource (27 Seiten) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1802 Mexico is well integrated into global value chains (GVCs). Its exports as a share of GDP have tripled since 1988. Mexico's participation in GVCs is mainly driven by backward linkages, i.e. the share of foreign value added in Mexico's total exports is large, which reflects Mexico's importance in assembling processes in some manufacturing sectors. Conversely, forward participation, i.e. to what extent trading partners exports incorporate Mexico's value added, remains low. Ongoing nearshoring trends provide opportunities to strengthen and improve Mexico's participation in GVCs, and to move up in the value chain and develop stronger forward linkages, which are associated to higher productivity growth. This paper zooms into the most recent developments to assess whether Mexico is already benefiting from these trends. The empirical analysis suggests that Mexico's wide trade agreements and low tariffs, will help, but improving the business environment and the rule of law, a better educated workforce, or increasing female labour participation would also facilitate deepening forward GVCs linkages. Economics Mexico González Pandiella, Alberto MitwirkendeR ctb |
| spellingShingle | Vidal, Elena A review of Mexico's participation in global value chains Economics Mexico |
| title | A review of Mexico's participation in global value chains |
| title_auth | A review of Mexico's participation in global value chains |
| title_exact_search | A review of Mexico's participation in global value chains |
| title_full | A review of Mexico's participation in global value chains Elena, Vidal and Alberto, González Pandiella |
| title_fullStr | A review of Mexico's participation in global value chains Elena, Vidal and Alberto, González Pandiella |
| title_full_unstemmed | A review of Mexico's participation in global value chains Elena, Vidal and Alberto, González Pandiella |
| title_short | A review of Mexico's participation in global value chains |
| title_sort | review of mexico s participation in global value chains |
| topic | Economics Mexico |
| topic_facet | Economics Mexico |
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