Semantic Scholar Open Access 1995 599 sitasi

Trade liberalization and the dimensions of efficiency change in Mexican manufacturing industries

J. Tybout M. Westbrook

Abstrak

Abstract Did Mexico's recent trade liberalization generate productivity gains? We find that average costs fell in most industries, with tradeable goods producers registering the largest reductions. Among importables, these cost reductions trace partly to improvements in relative productivity. Among exportables, they are due to favorable changes in relative prices, probably because imported intermediate goods became cheaper. Gains due to scale economy exploitation were minor and were not correlated with increases in foreign competition. Hence the results cast some doubt on simulation studies of trade liberalization that stress scale effects as a major source of efficiency gain.

Topik & Kata Kunci

Penulis (2)

J

J. Tybout

M

M. Westbrook

Format Sitasi

Tybout, J., Westbrook, M. (1995). Trade liberalization and the dimensions of efficiency change in Mexican manufacturing industries. https://doi.org/10.1016/0022-1996(94)01363-W

Akses Cepat

Informasi Jurnal
Tahun Terbit
1995
Bahasa
en
Total Sitasi
599×
Sumber Database
Semantic Scholar
DOI
10.1016/0022-1996(94)01363-W
Akses
Open Access ✓