The manufacturing industry in Mexico: an analysis of its productivity and efficiency, 1993-2020

被引:0
|
作者
Soria, Eugenio Guzman [1 ]
Carranza, Maria Teresa de la Garza [1 ]
Ibarra, Quetzalli Atlatenco [2 ]
Cordero, Anibal Terrones [3 ]
机构
[1] Tecnol Nacl Mexico Celaya, Guanajuato, Mexico
[2] Univ Nacl Autonoma Mexico, Mexico City, Mexico
[3] Univ Autonoma Estado Hidalgo, Pachuca, Mexico
来源
ECONOMIA SOCIEDAD Y TERRITORIO | 2024年 / 24卷 / 74期
关键词
manufacturing industry; productivity; efficiency; NHPF; REAL MONEY BALANCES; FINANCIAL INSTITUTIONS; LABOR PRODUCTIVITY; INNOVATION; GROWTH; FIRMS;
D O I
10.22136/est20241927
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
In this work, the productivity and efficiency of the manufacturing industry in Mexico were estimated, using non-homogeneous double logarithmic production function (NHPF) and yearly data from 1993 to 2020. Money as an input in the production function was considered as a theoretical argument. During the period analyzed, the average output elasticities of labor and bank credit indicate a productivity of 1.5 and 0.05 (respectively), while the average returns to scale of the manufacturing sector set their efficiency at 1.55. The credit deficiency suggests a need for efficient financing allocation mechanisms for the sector.
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页数:21
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