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- Title
Why isn't Mexico on China's Growth Path?
- Authors
Gerber, James
- Abstract
A growth accounting framework is used with data from the Penn World Table to disaggregate and compare economic growth in Mexico and China, 1953-2007. China surpasses Mexico in both the accumulation of physical capital and the growth of total factor productivity, implying that high savings rates are partially responsible for the growth differences, but additional forces are also important. The catalog of potential variables is lengthy; this paper concentrates on geography (location) and institutions. In particular, the ability of Chinese state and local officials to support economic growth is striking.
- Subjects
CHINA; MEXICO; ECONOMIC development; SAVINGS; INDUSTRIAL productivity
- Publication
GCG: Revista de Globalización, Competitividad & Gobernabilidad, 2012, Vol 6, Issue 1, p91
- ISSN
1988-7116
- Publication type
Article
- DOI
10.3232/GCG.2012.V6.N1.05