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Industrialization and human resources training: an approach of policies coordination

Author

Listed:
  • Saúl Mendoza-Palacios

    (El Colegio de México)

  • Julen Berasaluce

    (El Colegio de México)

  • Alfonso Mercado

    (El Colegio de México)

Abstract

This paper proposes a dynamic model to show that the coordination of public policies is a key driving factor for an economy to develop successfully. We analyze three public policy domains: innovation policies; policies of human resources training, wages and employment; and push policies. These policies determine whether the economy achieves paths that drive it to a full industrialization, which happens when the initial state lies above the industrialization frontier. Otherwise, the economy would remain stuck in a poverty trap, where there are no marginal incentives for industrialization or training of labor.

Suggested Citation

  • Saúl Mendoza-Palacios & Julen Berasaluce & Alfonso Mercado, 2021. "Industrialization and human resources training: an approach of policies coordination," Serie documentos de trabajo del Centro de Estudios Económicos 2021-01, El Colegio de México, Centro de Estudios Económicos.
    • Handle: RePEc:emx:ceedoc:2021-01
    as

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    File URL: https://cee.colmex.mx/dts/2021/DT-2021-1.pdf
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    References listed on IDEAS

    as
    1. Alberto Alesina, 2002. "The Size of Countries: Does it Matter?," Harvard Institute of Economic Research Working Papers 1975, Harvard - Institute of Economic Research.
    2. Kaushik Basu, 2003. "Analytical Development Economics: The Less Developed Economy Revisited," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262523442, December.
    3. Elvio Accinelli & Edgar J. Sanchez Carrera, 2012. "The Evolutionary Game Of Poverty Traps," Manchester School, University of Manchester, vol. 80(4), pages 381-400, July.
    4. Alberto Alesina, 2003. "Joseph Schumpeter Lecture: The Size of Countries: Does it Matter?," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 301-316, 04/05.
    5. Peter J. Klenow & Mark Bils, 2000. "Does Schooling Cause Growth?," American Economic Review, American Economic Association, vol. 90(5), pages 1160-1183, December.
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    More about this item

    Keywords

    Industrialization Policy; Coordination; Technological Change; Choice of Technology; Push Strategies; Evolutionary Dynamics;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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