3  Kehoe, T.J. and K.J. Ruhl (2010), “Why Have Economic Reforms in Mexico not Generated Growth?” NBER Working Paper Series, N° 16580. 4  See, for example, Lewis, W. (2004), The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability.
Chicago, University of Chicago Press; and Restuccia, D. (2008), “The Latin American Development Problem.” University of Toronto Department of Economics Working Paper No. 318. 2  BIS central bankers’ speeches  In Mexico’s case, sectorial research on labor productivity finds that declining productivity is clear in services and nonmanufacturing industrial output, which encompasses mining, utilities, and construction.