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The paper studies the decline of the labor income share (LIS) in Mexico during the 1990-2015 period. The decline is mostly explained by reductions within the economy's major sectors (including manufacturing, tradables, and non-tradables), rather than by a recomposition of value added towards sectors with low labor shares. In contrast to agriculture --where LIS fell due to a shift of labor force from self-employment to wage-employment-- in other major areas of the economy the fall in LIS is explained by reductions within the wage-employment sector. Econometric estimations indicate that parallel declines in the wage share and relative productivity of non-tradables and in the US manufacturing labor share all played a large role in the reduction of the manufacturing wage share in Mexico. More generally, the analysis suggests that the lagging productivity of the economy's informal non-tradable sector --itself a reflection of the country's low aggregate rate of economic growth-- is a crucial factor in the fall of LIS in the formal sectors. The paper concludes by discussing possible explanations for the paradox of the slow rate of economic growth in Mexico despite the rise in the profit share. [ABSTRACT FROM AUTHOR]

By means of a well-known methodology in the literature, this paper deals with the causals of structural change in the Mexican economy during the 1950s, characterised by the entrenching of growth tendencies, related to the development if the industrial and the services sectors. Results allow to say that growth was commanded by private consumption, as well as the dynamics of the internal market. [ABSTRACT FROM AUTHOR]

This paper sets out to characterize the business dynamics of the software industries located in Mexico City, Monterrey, and Tijuana, beginning with a survey administered by the authors to 175 companies located in the aforementioned cities in 2014. The literature about this industry in Mexico has tended to favor theoretical approaches to innovation and learning and their subsequent application to local cases. This work relies on the logic of clusters (Porter, 1998) and therefore analyzes relationships with the local market in terms of sales and usage of human, financial, and informational resources, revealing regional differences in business dynamics. One important difference is the weight of local competition in Mexico City as compared with the two other cities. [ABSTRACT FROM AUTHOR]

This paper analyzes a problem that proves crucial for the economic development of Mexico: slow economic growth and the subsequent inability to generate necessary employment. On the basis on Kaldorian growth theory, it is supposed that this problem is the result of economic policy errors, in essence the abandonment of active industrial policy in favor of structural change and economic development. Evidence is provided which highlights the high correlation between slow economic growth and slow growth in manufacturing output, a result consistent with the findings of other researchers. Having implemented an active industrial policy, the growth rate in the manufacturing sector would prove greater than that observed and would improve global economic development. Given the importance of this type of industrial policy, this paper outlines the reasons why the policy was abandoned and suggests that it be reinstated. [ABSTRACT FROM AUTHOR]

This paper discusses the growth slowdown of the Mexican economy during the reform and post reform periods. It addresses four possible factors behind the growth deceleration. First, the role of international trade integration, showing that the trade policy reforms of the 1980s and 1990s were in fact very successful in enhancing export growth and trade openness but not in promoting a dynamic pattern of trade specialization. Second, the productivity growth slowdown, arguing that this should be seen as a consequence rather than a cause of the growth deceleration as the evolution of productivity growth is closely associated with the expansion of tertiary underemployment. Third, the discussion of the role of human capital formation suggests that educational and health indicators have been improving during the recent period, partly as a consequence of the demographic bonus, and cannot be held responsible for the fall in output per worker that has taken place since the early 1980s. Finally, the paper focuses on what it believes is the primary determinant of the growth slowdown, the low rate of physical capital accumulation. [ABSTRACT FROM AUTHOR]

This topic should be viewed in the context of a few theoretical considerations on local and territorial development. This work will then look at the conclusions of some recent specialized contributions to the study of instability and disparities in Mexico and apply these to the focus of this paper. Studying Yucatan sheds light on the enormous limits and extreme inequalities of development in Mexico and its winding road to growth. Yucatan reflects how Mexico is lagging in employment and education, as well as the extent to which people are leaving rural areas, leading to greater urban concentration. In addition, it provides evidence of an increase in outsourcing, the decline of the maquiladora industry and the departure of local capital from its weak manufacturing sector. This work concludes with a broad critique of this type of development. [ABSTRACT FROM AUTHOR]

This paper presents an extended model that includes Thirlwall's simple rule. Growth in Mexico fell from an annual average of 6.76% in 1961-1981 to 2.95% in the 1982-2004 period. Net lows of capital, rents and transfers promote and stabilize the economy, but devaluation does not improve growth. Income growth rates and income elasticities between Mexico and the United States have become equal, which prevents convergence of per capita income. Mexico must design and implement an industrial policy if it wants to increase its rate of growth and face the fall of oil reserves and the changes in US immigration policies. [ABSTRACT FROM AUTHOR]