Policies To Promote Growth and Economic Efficiency in Mexico / Javier Arias, Oliver Azuara, Pedro Bernal, James J. Heckman, Cajeme Villarreal.

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Arias, Javier

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Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w16554.Publication details: Cambridge, Mass. National Bureau of Economic Research 2010.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under stress in Mexico and this retards the growth of skills of its workforce. (2) The informal sector is large, mostly due to the heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for workers outside the formal sector have promoted the growth of the informal sector.

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Previous	nber w16551 Property Rights and Financial Development: The Legacy of Japanese Colonial Institutions /	nber w16552 Cape Verde and Mozambique as Development Successes in West and Southern Africa /	nber w16553 Size Anomalies in U.S. Bank Stock Returns: A Fiscal Explanation /	nber w16554 Policies To Promote Growth and Economic Efficiency in Mexico /	nber w16555 A Revealed Preference Approach to Measuring Hunger and Undernutrition /	nber w16556 Marketplace Institutions Related to the Timing of Transactions /	nber w16557 Firm Heterogeneity and Costly Trade: A New Estimation Strategy and Policy Experiments /	Next

November 2010.

This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under stress in Mexico and this retards the growth of skills of its workforce. (2) The informal sector is large, mostly due to the heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for workers outside the formal sector have promoted the growth of the informal sector.