A set of error correction models are proposed for the nominal exchange rate between the Mexican peso and the United States dollar. The basic theoretical frameworks utilize balance of payments and monetary constructs. Empirical estimation results are fairly weak for both specifications...

Relatively high brand name pharmaceutical prices have led many US residents to cross the border into Mexico as 'medical tourists'. To examine the savings potentially available to consumers willing to cross into Mexico, data are collected and analysed for brand name prescription medicines sold in...

A growing number of studies confirm the importance of educational attainment and human capital investment as a means for improving per capita income performance. In developing countries, attention to this linkage has primarily been carried out using national data aggregates. For relatively large...

Although education and infrastructure investments are widely recognized as key ingredients for regional economic development, there are many areas for which empirical estimates of the potential gains associated with these steps do not exist. Arkansas is one such regional economy in the United...

Water utility planning efforts are becoming increasingly difficult throughout the world. Located in a semi-arid region, Ciudad Juárez, Mexico is a fast growing municipality that faces both physical infrastructure and water supply constraints. This paper examines monthly water consumption in...

<Para ID="Par1">Exchange rate fluctuations and international business cycles may acutely affect retail sales in border regions where residents have the option of shopping in the neighboring country. This study examines the determinants of retail sales in six cities located along Mexico’s northern border....</para>

An important issue in applied international economics is the extent to which trade flows adjust to changes in income, relative prices, and exchange rates. While there have been numerous surveys regarding merchandise trade elasticities in industrial economies such as Japan and the United States,...