Efectos de la apertura y la desregulación en la participación de los salarios en la producción de la industria en México, 1980-2002
AbstractEmploying a cointegration econometric model, with error correction mechanism, this work studies the relationship between trade openness and the wages-production ratio in the Mexican industrial sector. Contrarily to the Washington consensus paradigm, which postulates that macroeconomic stability and structural adjustment must positively impact the tradeable sector, generating better employment opportunities, we find that trade openness policy have deeply deteriorated the industrial sector wages, carrying on greater economic inequality.
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Bibliographic InfoArticle provided by Universidad Michoacana de San Nicolás de Hidalgo, Instituto de Investigaciones Económicas y Empresariales in its journal Revista Nicolaita de Estudios Económicos.
Volume (Year): I (2006)
Issue (Month): 1 ()
income distribution; trade openess; industrial sector.;
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- D33 - Microeconomics - - Distribution - - - Factor Income Distribution
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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