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Tests Of Purchasing Power Parity With Structural Break In The Mexican Economy

Author

Listed:
  • Noé Arón Fuentes

    (Tecnológico de Monterrey, Campus Monterrey)

  • Alberto Godínez Plascencia

    (El Colegio de la Frontera Norte)

Abstract

Los trabajos de investigación sobre la hipótesis de la Paridad del Poder de Compra (PPP) han arrojado resultados mixtos; además, la mayoría no considera los cambios estructurales. El objetivo del trabajo es contrastar la hipótesis PPP para la economía mexicana tomando en cuenta los cambios estructurales de la relación bajo doce diferentes definiciones del tipo de cambio, diferentes años base y diferentes ponderaciones de comercio. Dependiendo de las definiciones del tipo de cambio real, algunos resultados confirman la hipótesis PPP como una relación de largo plazo para el peso mexicano, mientras los resultados de otras definiciones no la confirman.

Suggested Citation

  • Noé Arón Fuentes & Alberto Godínez Plascencia, 2004. "Tests Of Purchasing Power Parity With Structural Break In The Mexican Economy," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 3(3), pages 277-301, Septiembr.
    • Handle: RePEc:imx:journl:v:3:y:2004:i:3:p:277-301
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    References listed on IDEAS

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    More about this item

    Keywords

    Purchasing Power Parity (PPP); Structural Breaks; Mexico;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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