Regional integration is under discussion nowadays. In 1991, Argentina, Brazil, Paraguay and Uruguay created the MERCOSUR regional bloc, which was fully consolidated in 1995. The stabilization problems suffered by the region since 1999, asymmetry problems inside the bloc, the growth of...

English Abstract: The competitiveness of Mexican manufacturing exports plays a leading role, as the bridge to reach prosperity and economic growth. This work examines the impact of the real exchange rate and other macro and microeconomic variables on competitiveness. We use a model of...

Spanish Abstract: Desde la implementación del Tratado de Libre Comercio para Norteamérica o TLCAN, las naciones que la conforman han experimentado choques económicos y financieros adversos. A partir de la crisis financiera de 2008 se incrementó la volatilidad del tipo de cambio real en...

This paper analyzes from a long-term perspective, if the performance of the Mexican peso exchange, presents a recurring asymmetric behavior against the US dollar, and if that behavior has an influence on the potential use of financial derivatives by non-financial firms Mexican selected in the...

This paper analyzes from a long-term perspective, if the performance of the Mexican peso exchange, presents a recurring asymmetric behavior against the US dollar, and if that behavior has an influence on the potential use of financial derivatives by non-financial firms Mexican selected in the...

This article presents three methods to estimate the logarithm of monthly real GDP in Mexico from the Global Indicator of Economic Activity (IGAE): (1) a deterministic approach using the IGAE growth rate; (2) an extension of Denton method; and, (3) the Kalman filter. In these methods the monthly...

Based on satellite photos of night light from NASA and the U.S. Department of Defense, and using the methodology proposed by Henderson, Storeygard and Weil (2012), this paper measures the economic growth of the main 15 beach tourist areas in Mexico for the period from 1993 to 2017. This...

The objective of this research is to examine the relationship between human capital and output in Ecuador through cointegration techniques. We use data compiled by the World Bank in the World Development Indicators (2017) and by Barro and Lee (2013) of the period 1982-2015. Despite the...

Si bien antes de los años 1990 ya había participación de grandes empresas minoristas en México, la llegada de empresas transnacionales, como Wal-Mart, generó una reconfiguración en la distribución de alimentos y, con ello, una expectativa del impacto directo sobre algunas variables...

This paper analyzes Bolivia's long-term economic growth between 1950 and 2015, identifying its proximate causes through a growth accounting exercise, which considers the direct and indirect effects of Total Factor Productivity (TFP) on GDP per worker. The novelty is that the measurement of TFP...