The behavior of Mexico’s manufacturing industry in the face of the US economic recession

  • Jorge Eduardo Mendoza Cota
Keywords: manufacturing, business cycle, economic integration, time series, the Mexican economy

Abstract

This paper analyzes the effect of the US manufacturing sector on the manufacturing industry of Mexico at the subsector and regional level. The methodology of analysis consists of the application of the Hodrick-Prescott filter to obtain the cyclical component for the manufacturing industries and using stationary and cointegration tests to evaluate the equilibrium of the series in the long run. The results showed a pro-cyclical and volatile relationship of the Mexican manufacturing sector with that of the USA.

Published
2010-06-01
How to Cite
Mendoza Cota, J. E. (2010). The behavior of Mexico’s manufacturing industry in the face of the US economic recession. Journal of Economics, Faculty of Economics, Autonomous University of Yucatan, 27(75), 10. https://doi.org/10.33937/reveco.2010.17