Metropolitan Maquiladora Econometric Forecast Accuracy

Abstract

Maquiladora in-bond manufacturing activities occupy positions of collective importance within many regional economies across Mexico. To date, empirical evidence regarding the predictability of maquiladora activities in Mexico has not been attempted. To partially fill that gap in the literature, two sets of in-bond industry econometric forecasts for metropolitan economies in Northern Mexico are analyzed. Empirical results indicate that accurate forecasts of metropolitan maquiladora variables may prove elusive.Regional Maquiladora Forecasting