Mexican Exceptionalism: Globalization and De-Industrialization, 1750–1877
研究了1870年代前一个世纪墨西哥的去工业化过程,发现其制造业表现优于其他贫困外围地区,原因包括较弱的荷兰病效应、更好的工资竞争力以及政策自主性。
Like the rest of the poor periphery, Mexico fought with de-industrialization in the century before the 1870s. Yet, Mexican manufacturing defended itself better than did the rest of the poor periphery. Why Mexican exceptionalism ? This article decomposes the sources of de-industrialization into productivity events abroad, globalization forces connecting Mexico to those markets, and domestic forces. It uses a neo-Ricardian model to implement the decomposition, advocates a price dual approach, and develops a new price and wage data base. Mexican exceptionalism was due to weaker Dutch disease effects, better wage competitiveness, and the policy autonomy to foster industry.