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Currency Movements and International Border Crossings

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  • Thomas M Fullerton Jr

    (University of Texas at El Paso)

Abstract

Similar to merchandise trade flows, commuter traffic between international metropolitan areas respond to changes in exchange rates. This paper examines the impact of currency variations on monthly frequency cross border commuter flows between El Paso, Texas and Ciudad Juarez, Mexico. The sample period is January 1979 - July 1988. Exchange rate shocks are found to impact border crossing volumes in statistically significant manners within periods of 8 months or less for the three bridges connecting the two cities.

Suggested Citation

  • Thomas M Fullerton Jr, 2004. "Currency Movements and International Border Crossings," Urban/Regional 0407008, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpur:0407008
    Note: Type of Document - doc; pages: 8
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    References listed on IDEAS

    as
    1. Pierce, David A. & Haugh, Larry D., 1977. "Causality in temporal systems : Characterization and a survey," Journal of Econometrics, Elsevier, vol. 5(3), pages 265-293, May.
    2. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    3. Keith R. Phillips, 1996. "Southwest expansion to continue in 1996," Southwest Economy, Federal Reserve Bank of Dallas, issue Jan, pages 1-4.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Marcycruz de Leon & Thomas M Fullerton Jr & Brian W Kelly, 2009. "Tolls, Exchange Rates, And Borderplex International Bridge Traffic," Articles, International Journal of Transport Economics, vol. 36(2).
    2. Fullerton, Thomas M. Jr & Walke, Adam G., 2012. "Border Zone Mass Transit Demand in Brownsville and Laredo," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 51(2).
    3. Thomas Fullerton & David Schauer, 2001. "Short-run maquiladora employment dynamics," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 7(4), pages 471-478, November.
    4. Fullerton, Thomas M., Jr. & Mukhopadhyay, Somnath, 2013. "Border Region Bridge and Air Transport Predictability," MPRA Paper 59583, University Library of Munich, Germany, revised 11 Jul 2013.
    5. Thomas M Fullerton Jr, 2004. "Cross Border Business Cycle (Impacts on Commercial Electricity Demand," Urban/Regional 0407010, University Library of Munich, Germany.
    6. Thomas M Fullerton Jr & Richard L Sprinkle & Roberto Tinajero, 2004. "El Paso Customs District Cross-Border Trade Flows," International Trade 0406001, University Library of Munich, Germany.
    7. Thomas M Fullerton Jr, 2005. "Borderplex Bridge and Air Econometric Forecast Accuracy," Urban/Regional 0501005, University Library of Munich, Germany.
    8. Jesús Cañas & Roberto Coronado & Robert W. Gilmer & Eduardo Saucedo, 2013. "The Impact of the Maquiladora Industry on U.S. Border Cities," Growth and Change, Wiley Blackwell, vol. 44(3), pages 415-442, September.
    9. Thomas M. Fullerton Jr. & Angel L. Molina Jr & Adam G. Walke, 2013. "Tolls, exchange rates, and northbound international bridge traffic from Mexico," Regional Science Policy & Practice, Wiley Blackwell, vol. 5(3), pages 305-321, August.
    10. T. M. Fullerton & A. G. Walke, 2013. "Public transportation demand in a border metropolitan economy," Applied Economics, Taylor & Francis Journals, vol. 45(27), pages 3922-3931, September.
    11. Thomas M Fullerton Jr & Eiichi Araki, 2004. "New Directions in Latin American Macroeconometrics," Development and Comp Systems 0408002, University Library of Munich, Germany.
    12. Thomas M Fullerton Jr & Roberto Tinajero, 2004. "Cross Border Cargo Vehicle Flows," International Trade 0405006, University Library of Munich, Germany.

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    More about this item

    Keywords

    Border Crossings; Currency Movements; Time Series Analysis;
    All these keywords.

    JEL classification:

    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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