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The manufacturing industry in Mexico: a history of production without distribution

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  • Osorio Novela, Germán
  • Mungaray Lagarda, Alejandro
  • Jiménez López, Edison

Abstract

This paper analyses the historical performance of the Mexican manufacturing industry based on the strategies that began to be adopted in the 1960s. It examines in particular the relationship between the productive increases driven by the opening of the market and the levels of economic well-being observed among people involved in this sector. The results of a sequential analysis of historical trends and estimates of production functions and distribution mechanisms suggest that the productive success of the manufacturing industry has only served to boost the economic well-being of companies and their owners, but not that of their employees or the wider community.

Suggested Citation

  • Osorio Novela, Germán & Mungaray Lagarda, Alejandro & Jiménez López, Edison, 2020. "The manufacturing industry in Mexico: a history of production without distribution," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
  • Handle: RePEc:ecr:col070:46591
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    References listed on IDEAS

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    1. Carlos A. Ibarra & Robert A. Blecker, 2016. "Structural change, the real exchange rate and the balance of payments in Mexico, 1960–2012," Cambridge Journal of Economics, Oxford University Press, vol. 40(2), pages 507-539.
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    3. Caves,Richard E., 2007. "Multinational Enterprise and Economic Analysis," Cambridge Books, Cambridge University Press, number 9780521860130, February.
    4. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
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    6. Caves,Richard E., 2007. "Multinational Enterprise and Economic Analysis," Cambridge Books, Cambridge University Press, number 9780521677530, February.
    7. Utar, Hale & Ruiz, Luis B. Torres, 2013. "International competition and industrial evolution: Evidence from the impact of Chinese competition on Mexican maquiladoras," Journal of Development Economics, Elsevier, vol. 105(C), pages 267-287.
    8. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
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    More about this item

    Keywords

    INDUSTRIA; EMPRESAS INDUSTRIALES; EMPRESAS MANUFACTURERAS; HISTORIA; PRODUCTIVIDAD; INGRESOS; DESARROLLO ECONOMICO; ESTADISTICAS INDUSTRIALES; INDUSTRY; INDUSTRIAL ENTERPRISES; MANUFACTURING ENTERPRISES; HISTORY; PRODUCTIVITY; INCOME; ECONOMIC DEVELOPMENT; INDUSTRIAL STATISTICS;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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