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Sincronización del empleo manufacturero en México y Estados Unidos

Author

Listed:
  • Edna Fragoso Pastrana

    (Banco de México)

  • Jorge Herrera Hernández

    (Banco de México)

  • Ramón A. Castillo Ponce

    (Universidad Autónoma de Baja California y California State University, Los Angeles.)

Abstract

It is evident that there exists a high degree of economic interdependence betweenMexico and the United States at the aggregate level. It is not clear, however, that this relationship holds for individual economic sectors. In this document we investigate the existence of common movements, at trend and cyclical horizons, in the behavior of employment in the manufacturing sector for both countries.We find that employment in the non-maquila manufacturing sector in Mexico exhibits a higher degree of synchronization with the manufacturing employment in the U.S. than does the maquiladora sector.We argue that these results are consistent with the theories of economic integration and specialization in production.

Suggested Citation

  • Edna Fragoso Pastrana & Jorge Herrera Hernández & Ramón A. Castillo Ponce, 2008. "Sincronización del empleo manufacturero en México y Estados Unidos," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(1), pages 5-47, January-J.
    • Handle: RePEc:emc:ecomex:v:17:y:2008:i:1:p:5-47
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    File URL: http://www.economiamexicana.cide.edu/num_anteriores/XVII-1/01_FRAGOSO_5-47.pdf
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    Cited by:

    1. Mejía-Reyes, Pablo & Rendón-Rojas, Liliana & Vergara-González, Reyna & Aroca, Patricio, 2018. "International synchronization of the Mexican states business cycles: Explaining factors," The North American Journal of Economics and Finance, Elsevier, vol. 44(C), pages 278-288.

    More about this item

    Keywords

    labor markets; common cycle; common trend.;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • F02 - International Economics - - General - - - International Economic Order and Integration

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