Multinational Corporations and Productivity Convergence in Mexico

Magnus Blomstrom, Ari Kokko and Mario Zejan

Chapter 9 in Foreign Direct Investment, 2000, pp 134-159 from Palgrave Macmillan

Abstract: Abstract Since the 1960s the developing countries have had very different experiences regarding income and productivity growth, and the extent to which they have converged on developed countries. Some, such as the Asian newly-industrialized countries (NICs), clearly are in a process of rapid convergence, whereas others, such as most countries in Africa, show no sign of convergence. This indicates that the realization of the potentiality for productivity catch-up simply because of backwardness depends strongly on another set of causes, some of which are internal and others external to the countries themselves (see Abramovitz, 1986).

Keywords: Foreign Direct Investment; Productivity Growth; Capital Stock; Total Factor Productivity; Labour Productivity Growth (search for similar items in EconPapers)
Date: 2000
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Related works:
Working Paper: MULTINATIONAL CORPORATIONS AND PRODUCTIVITY CONVERGENCE IN MEXICO (1989)
Working Paper: Multinational Corporations and Productivity Convergence in Mexico (1989)
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DOI: 10.1057/9780230598614_9

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