1. Ciclos de la producción en México y los EUA: identificación e integración.
- Author
-
Sánchez-Juárez, Isaac and García Almada, Rosa María
- Subjects
- *
BUSINESS cycles , *VECTOR autoregression model , *DATABASES , *RECESSIONS , *GROSS domestic product - Abstract
The paper has two objectives, the first is to identify during the period 1993-2022 the economic cycles of Mexico and the USA. The second consists of showing the degree of economic integration of the two countries. Production data was obtained from the FRED database of the Federal Reserve of St. Louis. For the first objective, the growth cycles method was used, while for the second, an integration measure known as LINK was calculated. With the support of the growth cycle method, four cycles with five recessions were found in Mexico and the USA. Regarding integration, the percentage change in the variance of Mexican GDP because of innovations in US GDP, after 16 quarters, was a LINK of 87.48. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF