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The intra-regional economy of veracruz province: what can the municipios tell us?

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  • Gregory Brock

    (Georgia Southern University, USA)

Abstract

A stochastic production function analysis of the 212 regions of Veracruz province in southern Mexico reveals some inefficiency in manufacturing, mining, trade and service sectors in recent years. Poverty indices appear to influence a region’s ability to combine capital and labor to create output and value added in some years indicating a reduction in poverty could contribute to job growth and putting idle capital back to work at the local level. With the agricultural crisis in the province, high population centers have been able to absorb some of the workers and exhibit relative higher productivity in both goods and services. Efficiency indices by county can be used to guide tax sharing and expenditure responsibilities within provinces.

Suggested Citation

  • Gregory Brock, 2013. "The intra-regional economy of veracruz province: what can the municipios tell us?," Journal of Developing Areas, Tennessee State University, College of Business, vol. 47(1), pages 109-147, January-J.
  • Handle: RePEc:jda:journl:vol.47:year:2013:issue1:pp:109-147
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    Cited by:

    1. Gregory BROCK & Constantin OGLOBLIN, 2015. "A Stochastic Walk Down Mexico’S Mesoamerican Frontier, 1990-2011," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(2), pages 99-114.
    2. Germán-Soto, Vicente, 2005. "Generación del producto interno bruto mexicano por entidad federativa, 1940-1992," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(287), pages 617-653, julio-sep.

    More about this item

    Keywords

    Veracruz; Intra-regional Mexican Economy;

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • F00 - International Economics - - General - - - General

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