Export Dynamics and Productivity : Analysis of Mexican Manufacturing in the 1990s
The report examines the export performance of Mexican enterprises in the 1990s, to determine whether the intended effects of trade liberalization, have indeed occurred. The depth, and extent of changes in outward orientation of firms are explored,...
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Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2000/09/693175/mexico-export-dynamics-productivity-analysis-mexican-manufacturing-1990s http://hdl.handle.net/10986/14984 |
Summary: | The report examines the export
performance of Mexican enterprises in the 1990s, to
determine whether the intended effects of trade
liberalization, have indeed occurred. The depth, and extent
of changes in outward orientation of firms are explored, as
well as the characteristics of firms that became more
export-oriented. Further analysis focus on the degree of
linkage between the export sector, and domestic economy, or
conversely, the extent to which the export sector is an
"enclave", whose behavior is independent from the
rest of the economy. The factors that determine export
behavior, and the extent to which exporting is
"permanent" vs. "transitory" are
reviewed, together with the extent to which productivity
gains from exporting have been realized, whether through
learning by direct exporters, or through spillovers to
indirect exporters, and others. The report relies on
statistical analysis of cross-section/time-series databases,
with observations at the level of the individual plant, or
firm, which led to the annual industrial survey (1993-98),
the monthly census of plants under the "maquila"
regime (1990-98), and, the Central Bank customs database of
export/import at the firm level (1991-98). Conclusions
suggest that while exporters have higher productivity rates,
profitability is equal compared to non-exporters, but
inventory turnover tends to be higher for non-exporters,
possibly explained by higher re-stocking costs for exporters. |
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