Productivity in Mexico: Trends, Drivers and Institutional Framework

José López-Córdova () and Juan Rebolledo Márquez Padilla ()

International Productivity Monitor, 2016, vol. 30, 28-42

Abstract: Over the past three decades, economic growth in Mexico has been lackluster, with declining multifactor productivity as the main culprit. Mexico’s growth malaise stems not only from existing barriers to the productivity of labour and capital, but also, to a large extent, from a misallocation of both inputs. This is epitomized by a large informal labour market and by a financially-underserved private sector. Factor misallocation has generated large productivity gaps between sectors and regions. In particular, a process of structural transformation that mobilizes resources toward high-productivity activities has unfolded slowly. To spur economic growth, the Mexican Government has placed productivity at the center of the policy agenda, not only by enacting a wide array of productivity-enhancing structural reforms, but also by establishing an institutional framework conducive to the design and implementation of public policies that address existing bottlenecks.

Keywords: Mexico; Productivity; Labour Productivity; Capital Productivity; Multifactor Productivity (search for similar items in EconPapers)
JEL-codes: D24 E24 J24 N36 O47 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.csls.ca/ipm/30/cordovaandpadilla.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sls:ipmsls:v:30:y:2016:2

Ordering information: This journal article can be ordered from
http://www.csls.ca

Access Statistics for this article

International Productivity Monitor is currently edited by Andrew Sharpe, Executive Director

More articles in International Productivity Monitor from Centre for the Study of Living Standards 170 Laurier Ave. W, Suite 604, Ottawa, ON K1P 5V5. Contact information at EDIRC.
Bibliographic data for series maintained by CSLS ( this e-mail address is bad, please contact ).