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Extract: This paper examines the relationship between market structure and four aspects of operational efficiency in food and tobacco manufacturing from 1958 to 1977. While controlling for industrial and labor characteristics, it was found that the more concentrated product classes paid the highest average hourly wages in each year of the study, have shown the largest increases in these earnings over time, and have demonstrated higher increases in unit labor cost than the less concentrated product classes. Finally, it is shown that productivity increases were not higher in the concentrated sector than in more competitive markets.
This volume discusses the development of the Mexican manufacturing sector during the NAFTA era. This book pursues several objectives simultaneously. Firstly, it gives continuity to and revitalizes the structuralist economic perspective and debate proposed by Latin American development theory. Secondly, it analyzes the trend of structural heterogeneity in Mexico from 1994-2008 using the manufacturing sector as a case study. Lastly, it uses methodologies established by the Economic Commission for Latin America and the Caribbean (ECLAC) to provide an in-depth statistical evaluation of the effects of economic liberalization on structural change, labor productivity, production concentration, and dynamic competitiveness in the main industries of the sector: food, beverages, and tobacco; textiles and apparel; chemistry; electromechanics. Providing historical context for the evolution of Mexico’s economy after trade liberalization, this volume will be of interest to students, scholars, and researchers of industrial economics, economic development, Latin-American studies, developing studies, international economics, international relations, political science, and economic geography.
This book makes an important contribution to current debates both in business strategy and supply management. It explains why an understanding of the concept of power is critical to the appropriate management of relationships between buyers and suppliers in extended supply chain networks and indicates how power can be used to explain the unique patterns of profitability in different networks.