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Estimación de la demanda mexicana de importaciones

Author

Listed:
  • José Antonio Romero Tellaeche

    (El Colegio de México)

  • Rodrigo Aliphat Rodríguez

    (UNAM)

Abstract

The estimation of import demand provides important information for public policies, such as the sensibility for changes either in income or relative prices respect total imports. This paper makes a Vector Error Correction Model (VEC) to estimate import elasticities of income, real prices and imports propensity related to national income. Total imports are a dependent variable while GDP and real exchange rate are independent variables. The principal conclusion is that an increase of 1 peso in Mexican GDP leads to an increase of 0.63 pesos in Mexican imports. This result has important implications on the limits of economic policy, and to indicate the need for a change in the national economic structure.

Suggested Citation

  • José Antonio Romero Tellaeche & Rodrigo Aliphat Rodríguez, 2019. "Estimación de la demanda mexicana de importaciones," Serie documentos de trabajo del Centro de Estudios Económicos 2019-04, El Colegio de México, Centro de Estudios Económicos.
    • Handle: RePEc:emx:ceedoc:2019-04
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    File URL: https://cee.colmex.mx/dts/2019/DT-2019-4.pdf
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    More about this item

    Keywords

    imports; VEC; elasticity;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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