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  • 1
    Online Resource
    Online Resource
    Paris : OECD, Economics Dep.
    Language: English
    Pages: Online-Ressource (44 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1188
    Keywords: Rechtsordnung ; Wirtschaftswachstum ; Produktivitätsentwicklung ; Regulierung ; Wirtschaftsreform ; Mexiko ; Economics ; Mexico ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Mexico has embarked on a bold package of structural reforms that will help it to break away from three decades of slow growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure and the tax system, among many, and implementation has started in earnest. If fully implemented, these reforms could increase annual trend per capita GDP growth by as much as one percentage point over the next ten years, with the energy reforms having the most front-loaded effects. Beyond this, a second wave could go further to tackle other structural bottlenecks. These challenges include reducing stringent regulation – particularly at the local level – and addressing corruption and weak enforcement of legal rights. The justice system is often slow and inefficient. And in the agricultural sector, strict land use restrictions and the structure of subsidies promote inefficiency. Moving even closer towards OECD best practices could increase potential growth by another percentage point annually.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: PDF Reader.
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  • 2
    Online Resource
    Online Resource
    Paris : OECD, Economics Dep.
    Language: English
    Pages: Online-Ressource (23 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1043
    Keywords: Informelle Wirtschaft ; Arbeitsnachfrage ; Kleinstunternehmen ; Regulierung ; Politikfeldanalyse ; Föderalismus ; Mexiko ; Economics ; Mexico ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Informality has important implications for productivity, economic growth, and the inequality of income. In recent years, the extent of informal employment has increased in many of Mexico's states, though highly heterogeneously. The substantial differences across states in terms of informal employment can be helpful in explaining differences in economic growth outcomes. This paper studies the determinants of informal employment using states' diverging outcomes to identify causal factors, taking into account potential endogeneity. The results suggest that multiple factors explain differences in informal employment across states, including per capita income, the quality of labour skills, differences in the prevalence of microenterprises, the cost to start a business, restrictions on foreign investment, the rule of law and incidence of corruption.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 3
    Online Resource
    Online Resource
    Paris : OECD, Economics Dep.
    Language: English
    Pages: Online-Ressource (25 S.) , graph. Darst., Kt.
    Series Statement: OECD Economics Department working papers 1042
    Keywords: Rechtsordnung ; Betriebsgröße ; Mexiko ; Economics ; Trade ; Mexico ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the relationship between judicial quality and firm size. Although the country has a single legal system, its implementation and procedures vary widely, while development outcomes there are more imbalanced and unequal than in any other country of the OECD. The effect of the legal system on inter-state firm efficiency is therefore examined. Building on Laeven and Woodruff (2007), this study uses economic census microdata and contract enforcement ratings to examine the impact of state-level legal institutions on firm and industrylevel outcomes. A robust effect of judicial quality is observed on the firm size distribution and efficiency, instrumenting for underlying historical determinants of institutions. Indicative evidence is found that the effect is strongest in more capital-intensive industries. Market size and distance-to-market are also found to matter for firm size outcomes, consistent with the new trade literature.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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