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Multinational Corporations And Productivity Convergence In Mexico

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  • Blomstrom, Magnus
  • Wolff, E.N.

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).
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Suggested Citation

  • Blomstrom, Magnus & Wolff, E.N., 1989. "Multinational Corporations And Productivity Convergence In Mexico," Working Papers 89-28, C.V. Starr Center for Applied Economics, New York University.
    • Handle: RePEc:cvs:starer:89-28
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    References listed on IDEAS

    as
    1. Baumol, William J & Wolff, Edward N, 1988. "Productivity Growth, Convergence, and Welfare: Reply," American Economic Review, American Economic Association, vol. 78(5), pages 1155-1159, December.
    2. Sanjaya Lall, 1981. "Developing Countries as Exporters of Industrial Technology," Palgrave Macmillan Books, in: Developing Countries in the International Economy, chapter 8, pages 228-256, Palgrave Macmillan.
    3. Wolff, Edward N, 1991. "Capital Formation and Productivity Convergence over the Long Term," American Economic Review, American Economic Association, vol. 81(3), pages 565-579, June.
    4. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-1085, December.
    5. Abramovitz, Moses, 1986. "Catching Up, Forging Ahead, and Falling Behind," The Journal of Economic History, Cambridge University Press, vol. 46(2), pages 385-406, June.
    6. repec:bla:econom:v:41:y:1974:i:162:p:176-93 is not listed on IDEAS
    7. Steven Globerman, 1979. "Foreign Direct Investment and `Spillover' Efficiency Benefits in Canadian Manufacturing Industries," Canadian Journal of Economics, Canadian Economics Association, vol. 12(1), pages 42-56, February.
    8. Blomstrom, Magnus, 1986. "Foreign Investment and Productive Efficiency: The Case of Mexico," Journal of Industrial Economics, Wiley Blackwell, vol. 35(1), pages 97-110, September.
    9. Angus Maddison & Bart van Ark, 1989. "International Comparison Of Purchasing Power, Real Output And Labour Productivity: A Case Study Of Brazilian, Mexican And U.S. Manufacturing, 1975," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 35(1), pages 31-55, March.
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