Conjuncture Analysis of the Manufacturing Industry in Mexico. A Methodologic Proposal and Applications

In this work I use the Box-Jenkins methodology and extensions of the same one in order to make a conjuncture analysis of the manufacturing industry of Mexico to make a reliable prognosis about this industry.Box-Jenkins; industria; manufactura; Mexico; Pronóstico

Convergence and Regional Economic Growth in Mexico: 1970-1995

This paper studies absolute and conditional convergence (alfa and beta-convergence too,) in Mexico over the period 1970-1995. I use the neoclassical growth model and a cross-section data for empirics. I find evidence of conditional convergence (near at traditional 2% rate) for full period but different rates for other periods. I find also a faster convergence rate for "poor" states than the "rich" ones. Finally, our results point to significant impact of the human capital variables on economic growth.Convergence; Economic Growth; Mexico; human capital; convergencia; crecimiento economico; capital humano;

Long Run Money Neutrality in Guatemala

The Fisher-Seater (1993) methodology is applied to Guatemala data (1950-2002) in order to test for long-run neutrality of money. Real GDP, consumption, investment and public expenditure, and the monetary base and M2a are found to be I(1). Given this order of integration, we applied the Fisher Seater neutrality test and we found evidence of M1 neutrality with respect to GDP, expenditure and consumption.Monetary Neutrality; Guatemala

Regional Convergence in Latin America: 1980-2000

The objective of the work is to determine the existence of convergence (absolute and conditional) for the region of Latin America and to determine the main variables that affect the economic growth of these countries. The main results are the following ones: there is empirical evidence of absolute and conditional convergence in the period from study to a rate very similar to found by other studies for other groups of countries or regions of the interior of a same country (around the 2 percent).Convergencia; crecimiento economico; capital humano; America Latina; Latinoamerica

Decentralization and Fiscal Federalism in Mexico

In this paper we analyze the evolution and current situation of the Mexican Fiscal Federalism. Our diagnosis showed that deep structural inequalities in the country is present, both internally and in comparison with the countries of the OECD. We pointed out the low financial autonomy of the subnational governments and the system of transferences in force is examined. Also, we evaluate the current transferences and we conclude that deep innefficiency and inequality problems remains.Descentralización; Federalismo Fiscal; Transferencias; México

Mexico´s Regionalization by means of a Human Capital Index

In the present work we make a proposal of regionalization of Mexico by means of a human capital index elaborated with the factorial analysis of eight referring variables to education and health (corresponding to year 2000), same that, according to different empirical studies, gives to account of the economic variable investment in human capital including in the models of economic growth.capital humano; analisis multivariante; analisis factorial; Mexico

Regional Convergence in Mexico: A Cointegration Test with Price Index

This paper use the Times Series scope to find the convergence between six regions in México used the Prices Series Index. We stand the integration order about the particular series and we found all them are I(1). We proof the cointegration each one about the national series and we found all of them are CI(1,-1), then, we found convergence in the price index level between all regions. This result is suitable respect other similar works. At the end, We append a technical notes about the proofs we employed.Cointegracion; Convergencia; Mexico

The direct foreign investment like a solution to the problem of the gap of capital assets and knowledge in Mexico

In this work we made an empirical application of the model of Romer (1993) for the 32 states of Mexico on period 1990-2000, in order to determine if this country faces a gap of physical goods or a technological gap in the ample sense (that is to say, that inlcluye knowledge and ideas). We found that in the indicated period, Mexico faces both gaps, and therefore, it can take advantage from the direct foreign Investment to cover both.inversion extranjera directa; capital humano; crecimiento; Mexico

Crecimiento y Convergencia Regional en Mexico: 1970-1995

This paper studies absolute and conditional convergence (alfa and beta-convergence too,) in Mexico over the period 1970-1995. I use the neoclassical growth model and a cross-section data for empirics. I find evidence of conditional convergence (near at traditional 2% rate) for full period but different rates for other periods. I find also a faster convergence rate for "poor" states than the "rich" ones. Finally, our results point to significant impact of the human capital variables on economic growth

Análisis de Coyuntura de la Industria Manufacturera en México. Una Propuesta Metodológica y Aplicaciones.

In this work I use the Box-Jenkins methodology and extensions of the same one in order to make a conjuncture analysis of the manufacturing industry of Mexico to make a reliable prognosis about this industry