Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers

The report undertakes, for the first time, a comprehensive firm-level analysis of the entire Mexican economy over 25 years, relying on the last six rounds of the Economic Census, which were conducted between 1994 and 2019 and surveyed more than 20...

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Main Authors:	Iacovone, Leonardo, Munoz Moreno, Rafael, Olaberria, Eduardo, Pereira Lopez, Mariana De La Paz
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2022
Subjects:	PRODUCTIVITY IMBALANCE PRODUCTIVE CITIES ADVERSE BUSINESS CLIMATE REGIONAL PRODUCTIVITY ACCESS TO BUSINESS FINANCE PRODUCTIVITY RECOMMENDATIONS ECONOMIC GROWTH SECTORAL PRODUCTIVITY
Online Access:	http://documents.worldbank.org/curated/en/099605003142238279/P1708290e6be7a0c5080db01870124dc91e http://hdl.handle.net/10986/37190

id	okr-10986-37190
recordtype	oai_dc
spelling	okr-10986-371902022-03-23T05:10:56Z Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers Iacovone, Leonardo Munoz Moreno, Rafael Olaberria, Eduardo Pereira Lopez, Mariana De La Paz PRODUCTIVITY IMBALANCE PRODUCTIVE CITIES ADVERSE BUSINESS CLIMATE REGIONAL PRODUCTIVITY ACCESS TO BUSINESS FINANCE PRODUCTIVITY RECOMMENDATIONS ECONOMIC GROWTH SECTORAL PRODUCTIVITY The report undertakes, for the first time, a comprehensive firm-level analysis of the entire Mexican economy over 25 years, relying on the last six rounds of the Economic Census, which were conducted between 1994 and 2019 and surveyed more than 20 million businesses. It finds that Mexico’s disappointing aggregate productivity masks large differences in productivity levels and growth across locations, sectors, and firms. A geographic productivity divide runs between the North-Center and South of Mexico, but large differences also persist between municipalities within regions. Fast-growing municipalities that have caught up to the Mexican productivity frontier, including in the South, while others have failed to grow at all. There is also a divide between modern firms, with access to finance and strong management, integrated into global value chains (GVCs), and more traditional firms characterized by limited access to finance and weak capabilities, unable to benefit from Mexico’s regional and global integration. The report shows that Mexico’s aggregate productivity is weakened by structural factors at industry and firm level — access to finance, lack of incentives to invest in technology, managerial capacities, and the business environment — that impede productive firms’ access to resources. The rest of this summary gives a synopsis of the report’s main findings and recommendations. 2022-03-22T20:50:34Z 2022-03-22T20:50:34Z 2022 Report http://documents.worldbank.org/curated/en/099605003142238279/P1708290e6be7a0c5080db01870124dc91e http://hdl.handle.net/10986/37190 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Report Publications & Research Latin America & Caribbean Mexico
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	PRODUCTIVITY IMBALANCE PRODUCTIVE CITIES ADVERSE BUSINESS CLIMATE REGIONAL PRODUCTIVITY ACCESS TO BUSINESS FINANCE PRODUCTIVITY RECOMMENDATIONS ECONOMIC GROWTH SECTORAL PRODUCTIVITY
spellingShingle	PRODUCTIVITY IMBALANCE PRODUCTIVE CITIES ADVERSE BUSINESS CLIMATE REGIONAL PRODUCTIVITY ACCESS TO BUSINESS FINANCE PRODUCTIVITY RECOMMENDATIONS ECONOMIC GROWTH SECTORAL PRODUCTIVITY Iacovone, Leonardo Munoz Moreno, Rafael Olaberria, Eduardo Pereira Lopez, Mariana De La Paz Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers
geographic_facet	Latin America & Caribbean Mexico
description	The report undertakes, for the first time, a comprehensive firm-level analysis of the entire Mexican economy over 25 years, relying on the last six rounds of the Economic Census, which were conducted between 1994 and 2019 and surveyed more than 20 million businesses. It finds that Mexico’s disappointing aggregate productivity masks large differences in productivity levels and growth across locations, sectors, and firms. A geographic productivity divide runs between the North-Center and South of Mexico, but large differences also persist between municipalities within regions. Fast-growing municipalities that have caught up to the Mexican productivity frontier, including in the South, while others have failed to grow at all. There is also a divide between modern firms, with access to finance and strong management, integrated into global value chains (GVCs), and more traditional firms characterized by limited access to finance and weak capabilities, unable to benefit from Mexico’s regional and global integration. The report shows that Mexico’s aggregate productivity is weakened by structural factors at industry and firm level — access to finance, lack of incentives to invest in technology, managerial capacities, and the business environment — that impede productive firms’ access to resources. The rest of this summary gives a synopsis of the report’s main findings and recommendations.
format	Report
author	Iacovone, Leonardo Munoz Moreno, Rafael Olaberria, Eduardo Pereira Lopez, Mariana De La Paz
author_facet	Iacovone, Leonardo Munoz Moreno, Rafael Olaberria, Eduardo Pereira Lopez, Mariana De La Paz
author_sort	Iacovone, Leonardo
title	Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers
title_short	Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers
title_full	Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers
title_fullStr	Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers
title_full_unstemmed	Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers
title_sort	productivity growth in mexico : understanding main dynamics and key drivers
publisher	World Bank, Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/en/099605003142238279/P1708290e6be7a0c5080db01870124dc91e http://hdl.handle.net/10986/37190
_version_	1764486693116706816

Productivity Growth in Mexico : Understanding Main Dynamics and Key Drivers

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