文章基本信息

标题：Empirical Evidence Of Verdoorns Law In Mexican Manufacturing
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作者：Lourdes Alicia Gonzalez Torres ; Manuel Alejandro Ibarra Cisneros ; Juan Manuel Ocegueda Hernandez 等
期刊名称：International Business & Economics Research Journal
印刷版ISSN：1535-0754
电子版ISSN：2157-9393
出版年度：2013
卷号：12
期号：2
页码：205-212
语种：English
出版社：The Clute Institute for Academic Research
摘要：In this document we use the model called Verdoorns Law that has been widely favored with the empirical evidence as being able to explain the persistence of divergences in growth rates, which establishes a positive relation between product growth and productivity. The goal is to estimate the Verdoorns coefficients for the 32 states in Mexico for the period of 1985-2004 through the use of the Ordinary Least Square method (OLS) and the pool data technique for an added analysis at subsector levels of the manufacturing industry. The purpose of this paper is to explain regional divergences in Mexico by identifying those factors that influence economic growth and that would allow the proposal of regional policies that can help reduce the observed differences, and by contributing to the development of the country as a whole. Consistent results were found with Verdoorns Law by detecting increasing returns in the manufacturing industry, both by regions and by subsectors. The states that show lower Verdoons coefficients (higher returns to scale) are definitely the ones that have grown the most.