Using firm-level data from Mexico, this paper investigates the firm characteristics associated with participation in credit markets, access to training, tax payments and membership in business associations. We find that firms which participate in these institutions exhibit significantly higher...

Rapid trade liberalisation can exert profound effects on labour markets. Domestic firms, to sustain competitiveness for survival, could react by cutting labour benefits to achieve cost reductions. Alternatively, trade liberalisation may alter the industry composition of firms, changing the...

This article studies the link between migration, remittances and asset accumulation for a panel of poor rural households in Mexico over the period 1997--2006. In a context of financial markets' imperfections, migration may act as a substitute for imperfect credit and insurance provision (through...

Rodrik [JIE 1996] argues for coordinated government policy when emerging countries are stuck in a low wage equilibrium because of a coordination failure. Because the return to intermediate output is markedly below that realised when a minimum threshold number of varieties must produced in...