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Has Globalization Deepened Income Inequality in Mexico?

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Author Info
Fernando Borraz (Universidad de Montevideo)
Jose Ernesto Lopez-Cordova (International Finance Corporation, World Bank Group)

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Abstract

In this paper we use household survey data to study the evolution of income distribution in Mexico over the last decade, a period of rapid integration to the global and North American economies -- "globalization" for short. We measure differences in income inequality, over time and across Mexican states, and relate them to regional differences in the degree of globalization, controlling for the potential endogenous relationship between the two. We use the percent of state employment in exporting firms or in firms with foreign capital participation, as well as data on state trade, as proxies for integration to the world economy. Our findings strongly indicate that globalization has not raised income inequality in Mexico. On the contrary, we present compelling evidence showing that income distribution is more equitable in states that are more closely linked to the world economy and that those states exhibit larger declines in inequality. We also find some statistical evidence suggesting that deepening globalization results in reduced inequality, although our results are sketchier on this point, perhaps because such effect is only observable in the long run. As a potential explanation of why globalization might improve the distribution of income among Mexican households, we show that states that are more integrated to the world economy offer better work opportunities for low-skilled women relative to more educated female workers.

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Publisher Info
Article provided by International Trade and Finance Association in its journal Global Economy Journal.

Volume (Year): 7 (2007)
Issue (Month): 1 ()
Pages: 6
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Handle: RePEc:bep:glecon:7:2007:1:6

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Related research
Keywords: Mexico income inequality globalization trade foreign direct investment NAFTA

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Michael P. Murray, 2006. "Avoiding Invalid Instruments and Coping with Weak Instruments," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 111-132, Fall.
  2. Guido G. Porto, 2003. "Using survey data to assess the distributional effects of trade policy," Policy Research Working Paper Series 3137, The World Bank. [Downloadable!]
    Other versions:
  3. Ogwang, Tomson, 2000. " A Convenient Method of Computing the Gini Index and Its Standard Error," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 62(1), pages 123-29, February. [Downloadable!] (restricted)
  4. Ten Kate, Adriaan, 1992. "Trade liberalization and economic stabilization in Mexico: Lessons of experience," World Development, Elsevier, vol. 20(5), pages 659-672, May. [Downloadable!] (restricted)
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This page was last updated on 2008-11-19.


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