VALUE CHAIN CRISIS IN MEXICAN MSMES: IMPLICATIONS FOR ECONOMIC GROWTH
Main Article Content
Abstract
This study aims to assess the contribution of the value chain to the economic growth of commercial Mexican micro, small, and medium-sized enterprises (MSMEs) in 2023. The research employs a quantitative approach, with a non-experimental, cross-sectional, and correlational-explanatory design. Statistical analysis was performed using IBM SPSS 23 software. Results showed that the primary activities of the value chain exhibit deficiencies, limiting their direct relationship with economic growth. A moderate positive correlation was obtained (ρ = 0.474; ρ = 0.102), which was not statistically significant; therefore, the null hypothesis was accepted. It was concluded that these MSMEs’ economic growth depends on factors beyond the value chain, stemming from an empirical implementation of an administrative process, which primarily impacts outbound logistics and operations. Therefore, it is recommended to implement strategies to strengthen primary activities to promote sustainability and business competitiveness. Among the methodological limitations, it is advisable to replicate the study with a cluster of n < 50 to increase representativeness.
Downloads
Article Details
Section
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Los artículos que se aprueban para publicación en la revista Semestre Económico deben acogerse a las siguientes condiciones:
a) Los autores ceden a la revista Semestre Económico los derechos patrimoniales (copy right), para lo cual debe entregar el formato de originalidad y derechos de autor debidamente diligenciado y con firmas originales.
b) Los artículos que se publican en la revista Semestre Económico se pueden usar, reproducir, transmitir y exponer con fines académicos siempre y cuando se cumplan las siguientes condiciones:
- Se cite la referencia bibliográfica de Semestre Económico (autores, revista, editorial, edición,…)
- No se use con fines comerciales
- El uso con fines diferentes o la publicación en otro sitio electrónico requiere de la autorización por escrito del editor de la revista.
How to Cite
References
Aceves, M., & Absalón, C. (2023). Inflación y crecimiento económico en América Latina, una relación no lineal. Investigación Económica, 82(326), 185-211. https://doi.org/10.22201/fe.01851667p.2023.326.86215
Alam, M. K., Thakur, O. A., & Islam, F. T. (2024). Inventory management systems of small and medium enterprises in Bangladesh. Rajagiri Management Journal, 18(1), 8-19. https://doi.org/10.1108/RAMJ-09-2022-0145
Al-Saadi, A., & Khudari, M. (2024). The dynamic relationship between good governance, fiscal policy, and sustainable economic growth in Oman. Journal of Infrastructure, Policy and Development, 8(5), 1-20. https://doi.org/10.24294/jipd.v8i5.3557
Allianz Trade. (2022, octubre 27). Se espera que las insolvencias globales aumenten un +10% en 2022 y un +19% en 2023, según Allianz Trade. https://www.allianz-trade.com/en_global/news-insights/news/Insolvency-report-2022-2023.html
Amyar, F., Djanegara, M., Pamungkas, B., Akbar, B., & Suwarno, S. (2024). Estimating the mediating role of value chain in good corporate governance and asset growth. Uncertain Supply Chain Management, 12(1), 29-36. https://doi.org/10.5267/j.uscm.2023.10.020
Analuisa-Aroca, I., Jimber-del Río, J., & Vergara-Romero, A. (2023). La cadena de valor del maíz amarillo duro ecuatoriano: Retos y oportunidades. Lecturas de Economía, (98), 231-262. https://doi.org/10.17533/udea.le.n98a347315
Ayala, K., Rivas-Tovar, L., & Cardénas-Tapia, M. (2023). Redes empresariales y patrones de cooperación en MiPyMEs textiles en México. Revista Universidad y Empresa, 25(44), 1-28. https://doi.org/10.12804/revistas.urosario.edu.co/empresa/a.12379
Banco de México. (2024, febrero 22). Evolución del financiamiento a las empresas durante el trimestre octubre-diciembre de 2023. https://www.banxico.org.mx/publicaciones-y-prensa/evolucion-trimestral-del-financiamiento-a-las-empr/%7BE2598EEE-1219-84C2-FA87-EC08CD410AF0%7D.pdf
Banco Mundial. (2024, marzo 27). México: panorama general. https://www.bancomundial.org/es/country/mexico/overview
Barata, F., Ricardianto, P., Haq, L., Octaviani, R., Wisanggeni, M., Parlindungan, P., & Endri, E. (2024). Safety risk and operational efficiency on logistic service provider’s sustainable coal supply chain management. Uncertain Supply Chain Management, 12(2024), 461-470. https://doi.org/10.5267/j.uscm.2023.9.006
Bhattacharyya, A., Jha, D. K., & Singh, S. (2023). Improving small and medium‐size enterprise performance: Financial inclusion and efficient working capital management. Accounting & Finance, 63(S1), 144–166. https://doi.org/10.1111/acfi.13081
Bontadini, F., Evangelista, R., Meliciani, V., & Savona M. (2023). Technology, global value chains and functional specialisation in Europe. Research Policy, 53(2), 1-25. https://doi.org/10.1016/j.respol.2023.104908
Cabiço, A., Martínez, A., & Sandoval, M. (2022). Desempeño y ventaja competitiva: aspectos relacionados con la pequeña y mediana empresa en México. Revista de la Universidad del Zulia, 13(38), 368-396. https://doi.org/10.46925//rdluz.38.23
Cervantes-Luna, J., Hernández-Ortiz, J., Valdivia-Alcala, R., Melo-Guerrero, E., Sandoval-Romero, F., & González-Juárez, A. (2022). Análisis de la cadena de valor del mezcal en San Felipe, Guanajuato. Revista Mexicana de Ciencias Agrícolas, 13(3), 497-509. https://doi.org/10.29312/remexca.v13i3.2873
Coad, A., Domnick, C., Flachenecker, F., Harasztosi, P., Janiri, M.-L., Pal, R., & Teruel, M. (2022). Capacity constraints as a trigger for high growth. Small Business Economics, 59(3), 893–923. https://doi.org/10.1007/s11187-021-00558-6
Colozza, F., Pietrobelli, C., & Vezzani, A. (2024). Do global value chains spread knowledge and pollution? Evidence from EU regions. Journal of Cleaner Production, 444(2024), 1-10. https://doi.org/10.1016/j.jclepro.2024.141180
Cunningham, J. A., Damij, N., Modic, D., & Olan, F. (2023). msme technology adoption, entrepreneurial mindset and value creation: A configurational approach. The Journal of Technology Transfer, 48(5), 1574–1598. https://doi.org/10.1007/s10961-023-10022-0
Fernández-Jardón, C., & Martínez, X. (2022). Análisis de una cadena de valor en la integración transfronteriza: la cadena de valor agroalimentaria en el Miño compartido. Revista Galega de Economía, 31(2), 1-21. https://doi.org/10.15304/rge.31.2.8383
Florido-Benítez, L., & Lora, E. (2022). Análisis de la cadena de valor de la empresa Avanza Mobility ado. Revista Transporte y Territorio, (26), 246-281. https://doi.org/10.34096/rtt.i26.9351
Gallegos, J. A., Moraga-Flores, H. A. & Briones, V. P. (2024). Effects of Working Capital Management on Small-Sized Businesses in Competitive Environments with Economic Policy Uncertainty —A Case Study Applied to Chilean Companies. Sustainability, 16(21), 9289. https://doi.org/10.3390/su16219289
Gao, X. & Ren, Y. (2023). The impact of digital finance on SMEs financialization: Evidence from thirty million Chinese enterprise registrations. Heliyon, 9(2023) e18664. https://doi.org/10.1016/j.heliyon.2023.e18664
García-Martínez, L. J., Kraus, S., Breier, M., & Kallmuenzer, A. (2023). Untangling the relationship between small and medium-sized enterprises and growth: A review of extant literature. International Entrepreneurship and Management Journal, 19(2), 455–479. https://doi.org/10.1007/s11365-023-00830-z
Gyasi, G., Magnus, J., & Mireku, K. (2024). Economic growth through global value chains: New insight from exchange rate effects on the African economy. Cogent Economics & Finance, 12(1), 1-15. https://doi.org/10.1080/23322039.2024.2318974
Herkenhoff, P., Krautheim, S., Ole, F., & Steglich, F. (2023). Corporate social responsibility along the global value chain. Journal of Development Economics, 167(2024), 1-31. https://doi.org/10.1016/j.jdeveco.2023.103236
Instituto Nacional de Estadística y Geografía. (2023). Demografía y Sociedad. https://www.inegi.org.mx/temas/empleo/
Instituto Nacional de Estadística y Geografía. (2022). Directorio Estadístico Nacional de Unidades Económicas. denue Interactivo 11/2022. https://www.inegi.org.mx/app/biblioteca/ficha.html?upc=889463908197
Instituto Nacional de Estadística y Geografía. (2019). Economía y sectores productivos. https://www.inegi.org.mx/temas/dn/
Isa, M., Wajdi, M. F., Mangifera, L., Mardalis, A., & Kamarulzaman, N. H. (2023). Value Chain and Stakeholder’s Analyses of Batik Tulis Industry in Indonesia. Journal of Evolutionary Studies in Business, 8(2), 138-167. https://doi.org/10.1344/jesb2023.8.2.38898
Jacobi, J., Lara, D., Opitz, S., De Castelberg, S., Urioste, S., Irazoque, A., Castro, D., Wildisen, E., Gutiérrez, N., & Yeretzian, C. (2024). Making specialty coffee and coffee-cherry value chains work for family farmer’s livelihoods: A participatory action research approach. World Development Perspectives, 33(2024), 1-14. https://doi.org/10.1016/j.wdp.2023.100551
Jiménez, D., & Ortiz, S. (2023). La inserción de Estados Unidos y China en la cadena global de valor de semiconductores. ¿Y México? Norteamérica, 18(2), 1-28. https://doi.org/10.22201/cisan.24487228e.2023.2.607
Kalala, N. (2015). Administración del activo, pasivo y capital como predictores del desempeño financiero de empresas de Monterrey [Tesis de maestría, Universidad de las Américas Puebla]. https://1library.co/document/zgge0wvz-administracion-activo-capital-predictores-desempeno-financiero-empresas-monterrey.html
Lago-Olveira, S., Arias, A., Rebolledo-Leiva, R., Feijoo, G., González-García, S., & Moreira, M. (2024). Monitoring the bioeconomy: Value Chains under the framework of life cycle assessment indicators. Cleaner and Circular Bioeconomy, 7(2024), 1-13. https://doi.org/10.1016/j.clcb.2024.100072
Lara, M., Vásquez, B., & Calderón, C. (2023). Estrategias de crecimiento económico en México y Corea del Sur, un análisis comparativo. Revista Mexicana de Economía y Finanzas, Nueva Época, 18(2), 1-25. https://doi.org/10.21919/remef.v18i2.860
Li, C., Wang, Y., Zhou, Z., Wang, Z. & Mardani, A. (2023). Digital finance and enterprise financing constraints: Structural characteristics and mechanism identification. Journal of Business Research, 165, 114074. https://doi.org/10.1016/j.jbusres.2023.114074
López, A., Ramírez, M., & López, A. (2022). El financiamiento como estrategia de desarrollo en microempresas artesanales de San Bartolo Coyotepec, Oaxaca, México. Economía, Sociedad y Territorio, 22(68), 23-56. https://doi.org/10.22136/est20221723
Lu, Y., Sica, E., & Wolszczak-Derlacz, J. (2024). Global value chains, wages, employment and labour production in China: A regional approach. Structural Change and Economic Dynamics, 69(2024), 124-142. https://doi.org/10.1016/j.strueco.2023.12.005
Manzoor, F., Wei, L., & Siraj, M. (2021). Small and medium-sized enterprises and economic growth in Pakistan: An ardl bounds cointegration approach. Heliyon, 7(2), e06340. https://doi.org/10.1016/j.heliyon.2021.e06340
Moscalu, M., Girardone, C., & Calabrese, R. (2020). SMEs’ growth under financing constraints and banking markets integration in the euro area. Journal of Small Business Management, 58(4), 707–746. https://doi.org/10.1080/00472778.2019.1668722
Naranjo, C., & Navas-Labanda, A. (2024). Crecimiento económico en América Latina durante el siglo XIX. América Latina en la Historia Económica, 31(2), 1-36. https://doi.org/10.18232/20073496.1442
Paravié, D., Rohvein, C., Urrutia, S., Roark, G., & Ottogalli, D. (2012). Diseño de un instrumento para evaluar el desempeño de las actividades que integran la cadena de valor de pymes metalmecánicas de Olavarría. inge cuc, 8(1), 7-32. https://revistascientificas.cuc.edu.co/ingecuc/article/view/221
Porter, M. (2010). Ventaja competitiva: creación y sostenibilidad de un rendimiento superior. Pirámide.
Rajagukguk, W., Bulan, O., Rajagukguk, J., & Rajagukguk, H. (2024). Service quality and supply chain value on customer loyalty: The role of customer relationship management. Uncertain Supply Chain Management, 12(1), 955-964. https://doi.org/10.5267/j.uscm.2023.12.012
Ratnawati, R., Rokhman, M., & Rahayu, Y. (2021). Managerial ability as an effort to improve SME performance through competitive advantage in the pandemic time Covid 19. Journal of Applied Management, 19(2), 363-375. https://doi.org/10.21776/ub.jam.2021.019.02.12
Reyes-Gómez, H., Martínez-Gónzalez, E., Aguilar-Ávila, J., & Aguilar, N. (2023). Gobernanza de la cadena global de valor del aguacate en México. Ciencia y Tecnología Agropecuaria, 24(2), 1-29. https://doi.org/10.21930/rcta.vol24_num2_art:3120
Romero, I., Fernández-Serrano, J., & Cáceres-Carrasco, R. (2024). Technological capabilities and global value chains: Insights from Spanish smes in the hotel industry. Journal of Hospitality and Tourism Insights, 7(1), 1-19. https://doi:10.1108/JHTI-08-2022-0362
Santos, A. M., Cincera, M., & Cerulli, G. (2024). Sources of financing: Which ones are more effective in innovation–growth linkage? Economic Systems, 48(2), 101177. https://doi.org/10.1016/j.ecosys.2023.101177
Tjondro, S., & Sri, W. (2022). Robusta coffee (Coffee canephora) value chain in East Java, Indonesia. Agronomía Mesoamericana, 33(3), 1-10. https://doi:10.15517/am.v33i3.48082
Udoye, C., Okoro, J., & Dimelu, M. (2024). Employment equity in the poultry value chain of Commercial Agricultural Development Project in Enugu State, Nigeria. Journal of Agricultural Extension, 28(1), 110-124. https://doi.org/10.4314/jae.v28i1.12
Vargas, C., Ocampo, H., & Parra, D. (2024). Economía sostenible: análisis de la cadena de valor en PYMES. Dosquebradas-Colombia. Revista Venezolana de Gerencia, 29(107), 1010-1024. https://doi.org/10.52080/rvgluz.29.107.1
World Bank. (2023). SME Finance: Improving Access to Finance for Small Businesses. The World Bank. https://www.worldbank.org/en/topic/smefinance
Zambrano, G., Tennhardt, L., Egger, M., Ramírez, K., Santos, A., Moyano, B., & Curran, M. (2024). Differing impacts of the Covid-19 pandemic on farmers and intermediaries: Insights into the Ecuadorian cocoa value chain. Agricultural and Food Economics, 12(9) 1-23. https://doi.org/10.1186/s40100-024-00302-0
Zamora, I. (2022, abril 11). Fortalecer a las Pymes, el impulso para la reactivación económica. Forbes México. https://www.forbes.com.mx/red-forbes-fortalecer-a-las-pymes-el-impulso-para-lareactivacion-economica/