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Mexico's regional output convergence after NAFTA: a dynamic panel data analysis.
- Source :
- Annals of Regional Science; Jun2012, Vol. 48 Issue 3, p877-895, 19p
- Publication Year :
- 2012
-
Abstract
- This paper examines Mexico's output convergence across its 32 states for 1993-2006, a period including the start of NAFTA. Employing dynamic panel data methods, our estimates provide interesting new results. First, we find positive rates of output absolute convergence across Mexican regions: varying from 1.5% for the years 1993-2006 to 9.4% for the years 1996-2006. Second, trade, capital inflows and international migration exert positive effects on output per capita growth. Third, rolling panels suggest the Border-North region faces increasing output convergence speed (from 8.9 to 11.2%), while the South-Center experiences a declining trend (from 12 to 7.6%) more recently. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 05701864
- Volume :
- 48
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Annals of Regional Science
- Publication Type :
- Academic Journal
- Accession number :
- 75163624
- Full Text :
- https://doi.org/10.1007/s00168-010-0425-1