Capital Flows and Trade in Mexico: A Model of Institutional Dynamics
AbstractThis paper builds a system-dynamics model of the Mexican economy and tests several propositions regarding policy and income inequality. It concludes, among other things, that one of the most significant developments over the past twenty years has been the declining wage paid to those in the manufacturing export sector. As a consequence, policies aimed at increasing developing states participation in the internationalization of production have been less helpful than supposed.
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Bibliographic InfoPaper provided by Texas Christian University, Department of Economics in its series Working Papers with number 200401.
Length: 35 pages
Date of creation: Jan 2004
Date of revision:
Publication status: Published in International Journal of Development Issues, June 2004, pages 1-28
Mexico; income inequality; computer simulation;
Find related papers by JEL classification:
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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