Capítulo 1. Crecimiento económico y manufactura: Un análisis desde las regiones de México
Synopsis
This chapter analyzes Mexico’s slow growth and assesses whether manufacturing functions as a regional growth engine. Using a Kaldorian approach, it estimates an expanded first Kaldor law with balanced panel data for the 32 states, 2008–2022, via random-effects GLS in first differences, adding manufacturing exports and inward FDI. Descriptive results show marked regional asymmetries: the northern border concentrates manufacturing, the south lags, and the center-east shows relative deindustrialization. Econometric evidence finds a positive, significant manufacturing effect nationally, with regional validation mainly in the northern border and the south; exports matter in the border and center-east, while FDI is significant only in the center-east.
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