Article2005

The seven main “stylized facts” of the Mexican economy since trade liberalization and NAFTA

62 citations0/0 files storedIndustrial and Corporate Change

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Global trade and economics Economic Theory and Policy Economic Growth and Productivity

Abstract

In Mexico, a remarkably dynamic expansion of exports has been associated with a surprisingly poor overall growth performance. Moreover, this collapse of the export multiplier took place in a context of both massive inflows of foreign direct investment and unrestricted market access to the US--the first two items on all developing countries' growth agenda today. Therefore, the study of Mexico is an ideal scenario within which to assess the impact of the new development model on growth and catching up. Copyright 2005, Oxford University Press.

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References

2012The Economics of Industrial Innovation 2017World Investment Report 1998Integration of Trade and Disintegration of Production in the Global Economy 1997Foreign direct investment and relative wages: Evidence from Mexico's maquiladoras 2003Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages 1990The Economics of Technical Change and International Trade 2014World Bank World Development Indicators 1997Bringing Income Distribution in From the Cold

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