Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
Democracy In Emerging Markets: A New Perspective On The Natural Resources Curse, Andre V. Mollick, Andre Vianna, Gautam Hazarika
Democracy In Emerging Markets: A New Perspective On The Natural Resources Curse, Andre V. Mollick, Andre Vianna, Gautam Hazarika
Economics and Finance Faculty Publications and Presentations
Using annual data from 1980 to 2014, we reexamine the relationship between democracy and natural resources for a large sample of emerging market economies. Controlling for human capital (or real GDP per capita) and openness measures, dynamic panel methods address endogeneity from more democratic regimes demanding better control of rents. We find that democracy responds positively to natural resource rents in GDP (NAT) and negatively to terms of trade (TOT). The NAT positive effects mitigate the negative impact of TOT on democracy and holds well in different specifications. By building on a literature focusing on oil rents, increases in NAT …
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 …