The intra-regional economy of veracruz province: what can the municipios tell us?

Gregory Brock ()

Journal of Developing Areas, 2013, vol. 47, issue 1, 109-147

Abstract: A stochastic production function analysis of the 212 regions of Veracruz province in southern Mexico reveals some inefficiency in manufacturing, mining, trade and service sectors in recent years. Poverty indices appear to influence a region’s ability to combine capital and labor to create output and value added in some years indicating a reduction in poverty could contribute to job growth and putting idle capital back to work at the local level. With the agricultural crisis in the province, high population centers have been able to absorb some of the workers and exhibit relative higher productivity in both goods and services. Efficiency indices by county can be used to guide tax sharing and expenditure responsibilities within provinces.

Keywords: Veracruz; Intra-regional Mexican Economy (search for similar items in EconPapers)
JEL-codes: F00 O1 R3 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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