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Convergencia, divergencia y estratificación: Estudio comparativo de la dinámica de crecimiento de la manufactura en los municipios mexicanos y los condados norteamericanos

Author

Listed:
  • Rodolfo Cermeño

    () (Division of Economics, CIDE)

  • David Mayer-Foulkes

    () (Division of Economics, CIDE)

  • Ariadna Martínez

Abstract

In this document we analyze the dynamics of per capita value added in manufacturing as a proxy of per capita income in Mexico’s municipalities and US counties. Specifically we seek to determine if there is convergence (absolute or conditional), divergence or stratification. A dynamic panel model without exogenous regresors is utilized, and the problem of bias in this specific context is considered. In general it is concluded that the dynamics of per capita value added of US counties shows conditional convergence and low steady state dispersion. However, in the case of Mexico the dynamics are congruent with stratified growth. This study also finds that manufacturing growth in US counties and Mexican municipalities is divergent through time.

Suggested Citation

  • Rodolfo Cermeño & David Mayer-Foulkes & Ariadna Martínez, 2006. "Convergencia, divergencia y estratificación: Estudio comparativo de la dinámica de crecimiento de la manufactura en los municipios mexicanos y los condados norteamericanos," Working papers DTE 378, CIDE, División de Economía.
  • Handle: RePEc:emc:wpaper:dte378
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    File URL: http://cide.edu/repec/economia/pdf/DTE378.pdf
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    Cited by:

    1. Kurt Unger, 2005. "Regional Economic Development and Mexican Out-Migration," NBER Working Papers 11432, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    Mexico’s municipalities; US counties; dynamic panel model; per capita value added;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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