CREAT: Census Research Exploration and Analysis Tool

The Life Cycle of Plants in India and Mexico

September 2012

Working Paper Number:

CES-12-20

Abstract

In the U.S., the average 40 year old plant employs almost eight times as many workers as the typical plant five years or younger. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Mexico is intermediate to India and the U.S. in these respects: the average 40 year old Mexican plant employs twice as many workers as an average new plant. This pattern holds across many industries and for formal and informal establishments alike. The divergence in plant dynamics suggests lower investments by Indian and Mexican plants in process efficiency, quality, and in accessing markets at home and abroad. In simple GE models, we find that the difference in life cycle dynamics could lower aggregate manufacturing productivity on the order of 25% in India and Mexico relative to the U.S.

Document Tags and Keywords

Keywords Keywords are automatically generated using KeyBERT, a powerful and innovative keyword extraction tool that utilizes BERT embeddings to ensure high-quality and contextually relevant keywords.

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:
profitability, investment, production, manufacturing, growth, employ, labor, produce, efficiency, factory, mexican, producing, agriculture, profit, consumption, plant productivity, productivity plants, productivity dispersion, plant employment, fiscal, manufacturing plants

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:
Center for Economic Studies, Total Factor Productivity, National Employer Survey, Economic Census, TFPQ

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