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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
The Impact Of Crime And Other Economic Forces On Mexico's Foreign Direct Investment Inflows, Rene Cabral, Andre V. Mollick, Eduardo Saucedo
The Impact Of Crime And Other Economic Forces On Mexico's Foreign Direct Investment Inflows, Rene Cabral, Andre V. Mollick, Eduardo Saucedo
Economics and Finance Faculty Publications and Presentations
This paper examines the effect of different crimes on Foreign Direct Investment (FDI) inflows into the 32 Mexican states. Using a state-quarter panel data for the period 2005 to 2015, we estimate alternative models of FDI, with fixed effects throughout a flexible lag-lengths methodology and System Generalized Method of Moments (SGMM) models in order to identify the determinants of FDI inflows into the country. The dependent variable in our model is the annual inflow of FDI and the independent variables are state level indicators (real wages and electricity consumption), and macroeconomic forces (the real exchange rate and interest rate). We …
Productivity Effects On Mexican Manufacturing Employment, Andre V. Mollick, Rene Cabral
Productivity Effects On Mexican Manufacturing Employment, Andre V. Mollick, Rene Cabral
Economics and Finance Faculty Publications and Presentations
We examine the effects of labor productivity and total factor productivity (TFP) on employment across 25 Mexican manufacturing industries from 1984 to 2000. Employing panel data methods, several interesting findings emerge. First, we observe a strong and positive impact of NAFTA on employment. Second, productivity exerts a procyclical, positive effect on employment but this effect becomes smaller after NAFTA. Third, partitions of our sample according to capital-labor intensity suggest that industries which are less capital-intensive were affected negatively on impact by NAFTA but that productivity impacted employment positively after NAFTA. In contrast, more capital-intensive industries display these results in reverse.
Productivity Effects On Mexican Manufacturing Employment Before And After Nafta, Andre V. Mollick, Rene Cabral
Productivity Effects On Mexican Manufacturing Employment Before And After Nafta, Andre V. Mollick, Rene Cabral
Economics and Finance Faculty Publications and Presentations
A vast literature employs vector autoregressions (VAR) methods in order to capture whether innovations in productivity lead to increases or decreases in employment for U.S. manufacturing. Studying 25 Mexican manufacturing industries with annual data from 1984 to 2000, we examine labour productivity (value added per employee) and total factor productivity (TFP) effects on Mexican manufacturing employment. We find that productivity measures vary considerably in Mexico. Making use of panel data methods that control for sector specific effects, the business cycle and real wages, interesting results emerge. First, there are strong positive impacts of TFP (without and with human capital) on …
Infrastructure And Fdi Inflows Into Mexico: A Panel Data Approach, Andre V. Mollick, Rene Ramos-Duran, Esteban Silva-Ochoa
Infrastructure And Fdi Inflows Into Mexico: A Panel Data Approach, Andre V. Mollick, Rene Ramos-Duran, Esteban Silva-Ochoa
Economics and Finance Faculty Publications and Presentations
In December 1993, restrictions to foreign ownership across major Mexican economic sectors were abolished. This paper studies output, industrialization intensity, \"international infrastructure\", and government expenditures on infrastructure as determinants of FDI inflows into Mexican states over 1994-2001. We conduct a \"general to specific\" estimation strategy across Mexican states. Telephone lines appear to be very important to FDI as their coefficients are around 2.0 in Random Effects Models. Industrialization is also important, with coefficients varying from 0.62 to 0.67. Allowing for endogeneity between FDI and real output, dynamic GMM panels confirm the robust effects of telephone lines on FDI. International infrastructure …