Abstract

LORIA, Eduardo; AUPART, Malinalli  and  SALAS, Emmanuel. Informality, Productivity and Growth in Mexico, 2000.Q2-2014.Q4. Ens. Rev. econ. [online]. 2016, vol.35, n.2, pp.151-174. ISSN 2448-8402.

The huge growth of the informal sector, the labor market relief valve, has conditioned the low Mexican economic growth since the early 1980´s. From a Lewis (1954) model´s review, we propose that the growth of informality has limited economic growth, through the systematically factorial productivity reduction. A VECM(4) supports evidence about the factorial productivity reduction by the informal sector growth, associated to slow Mexican economic growth to perpetuate the productivity vicious circle too hard to break.

Keywords : Informality; economic growth; total factor productivity; weak exogeneity; Vector Error Correction.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )