This study aims to understand the impact of shocks on industrial clusters, by analyzing interindustry linkages and complementary activities within clusters.
This analysis explores industrial interconnectedness and impact evaluation using input-output analysis and their impact on the overall economic performance by adopting the cluster mapping classification by Delgado et al. (2016) and Sintonía (2023) for Mexican industries.
While the analysis focuses on semiconductors and automotive clusters, the findings reveal that Information Technology (IT) cluster, which embeds semiconductors, have a limited capacity to pull or push the economic activity of other clusters. On the other hand, automotive clusters demonstrate significant relevance, with strong linkages to various industries and a high capacity to pull and push the economy.
To capitalize on nearshoring trends, industrial policies in Mexico should focus on increasing semiconductor production to leverage technological spillovers and strengthen the cluster’s influence on other sectors.
To the best of the authors’ knowledge, this is the first study that analyzes this cluster classification based on an input-output matrix for the Mexican Economy. Furthermore, the results of this study are relevant to the Mexican economy due to the recent increase in nearshoring in this country.
