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The remittances sent by Mexican migrants in the USA are relevant for recipient household at least in two senses. First, they contribute to rise income, and therefore to diminish poverty level. Second, they also contribute to regional and local economic development via the multipliers generated by the increases of the demand and of the investment in productive activities. Nonetheless, there are several estimations of household remittances magnitude. This paper analyzes the methodologies of Banco de Mexico (Mexican central bank) and those of recognized researchers. There is no consensus regarding the amount of money transferred by Mexican migrants in the USA. Consequently, the positive effects upon the recipient economy may not be conclusive. [ABSTRACT FROM AUTHOR]

This paper analyzes the long term relationship between the Mexican and USA economies from 1950 to 2008. It initially analyzes the period 1988-2008, that's to say, the relation during this period is that the Mexican GDP grew in the long term by 0.94% for each percentage point increase in the USA's GDP, and decreased by 0.17% for each percentage point depreciation in the real exchange rate. Once this relation is established, the work then questions if the Mexican economic structure persisted during 1950-2008. This result is interesting because it provides a starting point for a new research agenda that revises which conditions permitted the fast growth of Mexico's economy during 1950-1982, which others led to its subsecuent stagnation. This is not only of interest to historians, and also useful for reconsidering Mexico's present growth strategy. [ABSTRACT FROM AUTHOR]