The Intra-Regional Economy of Veracruz Province: What Can the Municipios Tell Us?

Journal of Developing Areas, 2013, Vol. 47, No. 1, pp. 109-147

40 Pages Posted: 7 Apr 2011 Last revised: 18 Nov 2014

See all articles by Gregory J. Brock

Gregory J. Brock

Georgia Southern University - Department of Economics

Date Written: January 1, 2011

Abstract

A stochastic production function analysis of the 212 regions of Veracruz province in southern Mexico reveals some inefficiency in manufacturing, mining, trade and service sectors in recent years. Poverty indices appear to influence a region’s ability to combine capital and labor to create output and value added in some years indicating a reduction in poverty could contribute to job growth and putting idle capital back to work at the local level. With the agricultural crisis in the province, high population centers have been able to absorb some of the workers and exhibit relative higher productivity in both goods and services. Efficiency indices by county can be used to guide tax sharing and expenditure responsibilities within provinces.

Keywords: Veracruz, Intra-regional Mexican Economy

JEL Classification: R3, O1, F00

Suggested Citation

Brock, Gregory, The Intra-Regional Economy of Veracruz Province: What Can the Municipios Tell Us? (January 1, 2011). Journal of Developing Areas, 2013, Vol. 47, No. 1, pp. 109-147, Available at SSRN: https://ssrn.com/abstract=1804400

Gregory Brock (Contact Author)

Georgia Southern University - Department of Economics ( email )

P.O. Box 8153
Statesboro, GA 30460-8153
United States
912-478-5579 (Phone)

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