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El stock de capital industrial medido a través de la relación inversión-empleo: estimaciones para los estados mexicanos

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  • Vicente Germán Soto

    () (Profesor de la Facultad de Economía de la Universidad Autónoma de Coahuila.)

Abstract

In this paper we propose an estimation of the stock of capital series for the industrial sector of the Mexican states. In order to do it, the average age of the capital stock is calculated by estimating an empirical model that relates investment rates and employment. The empirical findings suggest a significant interregional variation in the capital stock age that coincides with technology differences among industrialized and non (or less) industrialized states. The regional tendencies of the capital stock series indicate a growing relationship among the capital-labor ratios and a relatively stable investment rate, an advanced result from the economic theory.

Suggested Citation

  • Vicente Germán Soto, 2008. "El stock de capital industrial medido a través de la relación inversión-empleo: estimaciones para los estados mexicanos," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 53-80, May.
  • Handle: RePEc:ere:journl:v:xxvii:y:2008:i:1:p:53-80
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    File URL: http://www.economia.uanl.mx/revistaensayos/xxvii/1/El-stock-de-capital-industrial.pdf
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    References listed on IDEAS

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    Cited by:

    1. Brock, Gregory & German-Soto, Vicente, 2013. "Regional industrial growth in Mexico: Do human capital and infrastructure matter?," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 228-242.

    More about this item

    Keywords

    capital stock; employment; regional investment; growth; capital-labor ratio;

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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