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Book Wages and Productivity in Mexican Manufacturing

Download or read book Wages and Productivity in Mexican Manufacturing written by Gladys Lopez Acevedo and published by World Bank Publications. This book was released on 2003 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Wages and Productivity in Mexican Manufacturing

Download or read book Wages and Productivity in Mexican Manufacturing written by Gladys Lopez-Acevedo and published by . This book was released on 2016 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Mexico

    Book Details:
  • Author : Gladys Lopez Acevedo
  • Publisher : World Bank Publications
  • Release : 2005
  • ISBN :
  • Pages : 31 pages

Download or read book Mexico written by Gladys Lopez Acevedo and published by World Bank Publications. This book was released on 2005 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors follow the Hellerstein, Neumark, and Troske (1999) framework to estimate marginal productivity differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity-based determinations of wages. Special emphasis is given to the effects of human capital variables, such as education, experience, and training on wages and productivity differentials. Higher education yields higher productivity. However, highly educated workers earn less than their productivity differentials would predict. On average, highly educated workers are unable to fully appropriate their productivity gains of education through wages. On the other hand, workers with more experience are more productive in the same proportion that they earn more in medium and large firms, meaning they are fully compensated for their higher productivity. Finally, workers in micro and small firms are paid more than what their productivity would merit. Training benefits firms and employees since it significantly increases workers' productivity and their earnings.

Book High Skills  Low Wages  Productivity and the False Promise of NAFTA

Download or read book High Skills Low Wages Productivity and the False Promise of NAFTA written by United States. Congress. House. Committee on Government Operations. Employment, Housing, and Aviation Subcommittee and published by . This book was released on 1993 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Technology and Firm Performance in Mexico

Download or read book Technology and Firm Performance in Mexico written by Gladys Lopez Acevedo and published by World Bank Publications. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Impact of Foreign Direct Investment and Trade Policy on Productivity  Wages and Technology Adoption in Mexican Manufacturing Plants

Download or read book The Impact of Foreign Direct Investment and Trade Policy on Productivity Wages and Technology Adoption in Mexican Manufacturing Plants written by Billy D. Kosteas and published by . This book was released on 2004 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Employment and Wage Effects of Trade Liberalization

Download or read book Employment and Wage Effects of Trade Liberalization written by Ana Revenga and published by World Bank Publications. This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: October 1995 Cuts in Mexico's tariff levels were associated with a slight decline in employment in Mexico and with increases in average wages (perhaps reflecting improved productivity in the reformed industries and a shift toward the use of more skilled workers). The wages and employment of skilled production workers were significantly more responsive to changes in protection levels than those of nonproduction workers. In 1985, after decades of an import-substitution industrial strategy, Mexico initiated a radical liberalization of its external sector. Between 1985 and 1988, import licensing requirements were scaled back to a quarter of earlier levels, reference prices were removed, and tariff rates on most products were substantially reduced. By 1989, Mexico was one of the most open economies in the developing world. Adjusting to trade liberalization required the reallocation of resources between sectors and entailed substantial dislocation of workers. Revenga analyzes how Mexico's trade liberalization (1985 - 87) affected employment and wages in industry, focusing on how it affected average employment and earnings rather than on the link between trade and relative wages. She examines the tradeoff between wage and employment adjustment, identifies which labor groups benefited more from liberalization, and tries to associate changes in employment and wages directly with measures of change in trade protection, rather than link them to changes in imports and exports (which is more common). She finds that reductions in quota coverage and tariff levels are associated with moderate reductions in firm-level employment. A 10-point reduction in tariff levels (between 1985 and 1990) is associated with a 2- to 3-percent decline in employment in Mexico. Changes in quota coverage appear to have no discernible effect on wages, but reductions in tariff levels are associated with increases in average wages. This seems to reflect improved productivity in the reformed industries, which may be related to a shift toward the use of more skilled workers. There seems to have been a slight shift in the skill mix in favor of nonproduction workers. This was paralleled by a sharper increase in the wage differential between skilled and unskilled workers. The wages and employment of skilled production workers were significantly more responsive to changes in protection levels than those of nonproduction workers -- perhaps partly because production workers were more heavily concentrated in the industries in which protection levels were greatly reduced. This paper -- a product of the Country Operations Division 1, Latin America and the Caribbean, Country Department II -- was prepared for the World Bank labor markets workshop held in July 1994.

Book Under Rewarded Efforts

Download or read book Under Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.

Book High Skills  Low Wages  Productivity and the False Promise of NAFTA

Download or read book High Skills Low Wages Productivity and the False Promise of NAFTA written by United States. Congress. House. Committee on Government Operations. Employment, Housing, and Aviation Subcommittee and published by . This book was released on 1993 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Mexican Farm Wages and Farm Labor Productivity

Download or read book Mexican Farm Wages and Farm Labor Productivity written by John Abel Hopkins and published by . This book was released on 1950 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Mexico

Download or read book Mexico written by Hong W. Tan and published by . This book was released on 2003 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Technology and Firm Performance in Mexico

Download or read book Technology and Firm Performance in Mexico written by Gladys Lopez Acevedo and published by World Bank Publications. This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Technology and Firm Performance in Mexico

Download or read book Technology and Firm Performance in Mexico written by Gladys L??pez-Acevedo and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The author investigates the relationship between a firm's adoption of new manufacturing technology and its performance. A panel database that identifies technological adoption and tracks firms over time allows the use of different measures of firm performance-wages, productivity, net employment growth, job creation, and job destruction. Results show that technology is associated with high firm performance in all these metrics. The effect of new technology on performance is larger for firms located in the north and in Mexico City. This marginal value significantly increased after the 1994 crisis and the North American Free Trade Agreement. Furthermore, technology increased the wage of semi-skilled workers compared with unskilled workers by about 11 percent over seven years.

Book NAFTA and the Mexican Manufacturing Sector

Download or read book NAFTA and the Mexican Manufacturing Sector written by Raúl Vázquez-López and published by Springer Nature. This book was released on 2020-09-14 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Employment and Wage Effects of Trade Liberalization

Download or read book Employment and Wage Effects of Trade Liberalization written by Ana Revenga and published by . This book was released on 2016 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cuts in Mexico's tariff l ...