Export Dynamics and Productivity : Analysis of Mexican Manufacturing in the 1990s

The report examines the export performance of Mexican enterprises in the 1990s, to determine whether the intended effects of trade liberalization, have indeed occurred. The depth, and extent of changes in outward orientation of firms are explored, as well as the characteristics of firms that became more export-oriented. Further analysis focus on the degree of linkage between the export sector, and domestic economy, or conversely, the extent to which the export sector is an "enclave", whose behavior is independent from the rest of the economy. The factors that determine export behavior, and the extent to which exporting is "permanent" vs. "transitory" are reviewed, together with the extent to which productivity gains from exporting have been realized, whether through learning by direct exporters, or through spillovers to indirect exporters, and others. The report relies on statistical analysis of cross-section/time-series databases, with observations at the level of the individual plant, or firm, which led to the annual industrial survey (1993-98), the monthly census of plants under the "maquila" regime (1990-98), and, the Central Bank customs database of export/import at the firm level (1991-98). Conclusions suggest that while exporters have higher productivity rates, profitability is equal compared to non-exporters, but inventory turnover tends to be higher for non-exporters, possibly explained by higher re-stocking costs for exporters.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2000-09-15
Subjects:EXPORT DEVELOPMENT, TRADE POLICY, TRADE AGREEMENTS, FINANCIAL CRISES, MANUFACTURED EXPORTS, DATABASES, CASE STUDIES, ENTERPRISES, SURVEYS, REGRESSION ANALYSIS, PRODUCTIVITY, PROFITABILITY, TRADE LIBERALIZATION, DOMESTIC EQUITIES, EXPORT COSTING & PRICING, EXPORT SHORTFALLS, EXPORT VALUE AGGREGATE DEMAND, AGGREGATE TRADE, AGGREGATE TRADE FLOWS, BALANCE OF PAYMENTS, BANK LENDING, CAPITAL ACCOUNT, CAPITAL FLOWS, CAPITAL FORMATION, CAPITAL GOODS, CAPITAL INFLOWS, CENTRAL BANK, CURRENCY, CURRENT ACCOUNT, CUSTOMS, DEVALUATION, DOMESTIC DEMAND, DOMESTIC ECONOMY, DOMESTIC INTEREST, DOMESTIC MARKET, ECONOMIC CRISIS, ECONOMIC GROWTH, ECONOMIC LIBERALIZATION, ECONOMISTS, ELIMINATION OF TARIFFS, EMPLOYMENT, EXCHANGE RATE, EXPORT BEHAVIOR, EXPORT DYNAMICS, EXPORT GROWTH, EXPORT MARKET, EXPORT MARKETS, EXPORT ORIENTATION, EXPORT PERFORMANCE, EXPORT SECTOR, EXPORT VALUE, EXPORT VOLUME, EXPORTERS, EXPORTS, EXTERNAL SHOCKS, FINANCIAL CRISIS, FINANCIAL MARKETS, FINANCIAL SECTOR, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FOREIGN MARKETS, FREE TRADE, FREE TRADE AGREEMENT, GDP, GROSS DOMESTIC PRODUCT, GROWTH RATES, IMPORT TARIFFS, IMPORTS, INDUSTRIAL POLICIES, INDUSTRIAL POLICY, INDUSTRIAL SECTOR, INTEREST RATES, INTERNAL MARKET, INTERNATIONAL TRADE, INVESTMENT FLOWS, LABOR COSTS, LABOR PRODUCTIVITY, LIBERALIZATION OF TRADE, LORENZ CURVE, MACROECONOMIC CONDITIONS, MACROECONOMIC CONTEXT, MACROECONOMIC SHOCKS, METAL PRODUCTS, MONETARY POLICY, NET EXPORTS, NON-TARIFF BARRIERS, OIL, OIL EXPORTS, OIL PRICES, OIL REVENUES, OPENNESS, POLICY REFORM, PRIVATE INVESTMENT, PRIVATE SECTOR, PRODUCTION FUNCTION, PRODUCTIVITY GROWTH, PRODUCTIVITY INCREASES, PUBLIC SECTOR, QUALITY STANDARDS, QUANTITATIVE RESTRICTIONS, REAL EXCHANGE RATE, REAL GDP, REFORM PROGRAM, REGULATORY FRAMEWORK, RESOURCE ALLOCATION, STATISTICAL ANALYSIS, STRUCTURAL REFORMS, SUNK COSTS, TARIFF BARRIERS, TECHNICAL ASSISTANCE, TECHNICAL EFFICIENCY, TECHNOLOGY DIFFUSION, TECHNOLOGY TRANSFER, TOTAL FACTOR PRODUCTIVITY, TRADE AGREEMENT, TRADE BALANCE, TRADE REFORM, TRADING PARTNERS, UNIT LABOR COSTS, VALUE OF EXPORTS, WAGES, WEALTH, WORKER TRAINING,
Online Access:http://documents.worldbank.org/curated/en/2000/09/693175/mexico-export-dynamics-productivity-analysis-mexican-manufacturing-1990s
https://hdl.handle.net/10986/14984
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