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Inter-state economic and social convergence was analyzed in Mexico’s 32 states during the period 2005-2019. Absolute economic convergence was tested through real income and average real labor income and average hourly real labor income. The variables of life expectancy, survival rate, child survival rate and educational level of workers were used to test for absolute social convergence. In addition, using the spatial dependence technique, Moran’s I, it was found that economic variables related to labor income present a high level of spatial correlation. In contrast, only social variables such as life expectancy and the educational level of workers are spatially correlated. [ABSTRACT FROM AUTHOR]

We develop a structural decomposition analysis (SDA) to identify the importance of mid-high and high technological intensity (MH&HT) manufacturing and services to the changes in gross output for Brazil and Mexico between 2000 and 2014. We break down the output changes in the composition and level of final demand, the production technique (technical coefficients), and the trade pattern (share of imports in the total supply of inputs and final goods). The results show that the MH&HT importance tends to be pro-cyclical in the two economies, increasing during periods of more remarkable economic growth (2000-2008 for Brazil and 2010-2014 for Mexico). This relation tends to be perceived for manufacturing and less so for services. [ABSTRACT FROM AUTHOR]

This article analyzes the intersectoral relationships that characterized the economic structures of three countries during the 1980s and the first half of the 2000s (Mexico, 2003; South Korea and Spain, 2005). The present article attempts to explain potential growth trajectories using structural sensitivity analysis and the important coefficients (IC) by tolerable limits (LT) methodology, elaborating a typology of intersectoral articulation in each economy based on the characteristics of the countries' respective productive structures. This typology also accounted for the article's approach to the structural changes registered in each economy. [ABSTRACT FROM AUTHOR]

This article illustrates the construction and usefulness of a Social Accounting Matrix (SAM) for Mexico, 2013, presenting the methodology used for its elaboration, as well as its characteristics and qualities as an accounting tool for the evaluation of economic policy linked to the study of economic growth and development. The SAM includes 21 economic sectors, four types of import goods industries, and four institutional sectors subdivided into low-, middle-, and high-income households; financial and non-financial corporations (public and private), government, and the rest of the world. Via inter-institutional analysis, SAMs allow for the detailed observation of the productive structure and the institutional sectors of the Mexican economy. [ABSTRACT FROM AUTHOR]

This article explores the hypothesis that innovation is an important driver of growth, using an interregional dynamic panel model that controls for endogeneity and captures cumulative effects. In Mexico, the evidence based on three regional criteria (geography, income, and innovation stimulus intensity) suggests that innovation has positive effects on growth, as has been theoretically hypothesized, but with gradual reductions from 2008 and significant variations by region and sector. Furthermore, public support for innovation produced different effects between areas with varying degrees of economic development, with greater elasticity in less-economically developed areas. This reality could facilitate the reduction of regional inequalities. Support for innovation should prioritize intensive high-tech projects, include more diverse economic agents, and have a regional perspective. [ABSTRACT FROM AUTHOR]

This article examines important development challenges: how to generate enough paying jobs for young people who are looking for work for the first time; gradually absorb the huge backlog of decent jobs; improve the functional distribution of income via a sustained increase in real wages; and how to eradicate extreme poverty while reducing moderate poverty. To overcome these challenges, it is crucial to ensure that the Mexican economy grows at a rate higher than 6% per year. This cannot be achieved with the neoliberal strategy, which has yielded an annual growth of barely 2.3% over the past six six-year periods. Economic growth at rates seen in Asia is feasible using a sound development strategy. [ABSTRACT FROM AUTHOR]