Spanish Abstract: Este artículo tiene los objetivos de, por un lado, determinar si existió una relación significativa entre la evolución de la productividad laboral y la competitividad externa, en 88 actividades manufactureras mexicanas; por otro, caracterizar la competitividad exhibida en...

Spanish Abstract: Desde finales del 2014 hasta enero del 2016 el peso mexicano se ha depreciado un 30 por ciento con respecto a la divisa estadounidense, por lo que se esperaría que en el largo plazo las exportaciones mexicanas sean más atractivas para el mercado de Estados Unidos. No...

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...

Existe cierta percepción en el país de que el peso colombiano es excesivamente volátil y de que ello en parte es consecuencia de la activa participación de los Fondos de Pensiones Obligatorias (FPOs) en el mercado cambiario. En este documento realizamos dos ejercicios. En primer lugar,...

This article discusses what kind of productive complementarities are needed between the Mercosur’s countries, in order to maximize the contribution to industrial development of the integration process, taking into account the international restrictions related to the Peripherical structural...

We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be followed by a depreciation of the real...

A conflict of Ricardian type is arised. Landowners produce exportable salary-goods and consume imported luxury goods. Small industrialists produce non-tradable manufactures with sunk costs by importing capital goods. Employees consume exportable goods and non-tradable manufactures. Quantities...

Colombia sera probablemente uno de los últimos países de la región en adoptar un esquema de tasa de cambio nominal fijo: se trata de una economía cerrada, afectada por shocks asimétricos de producto y política económica, y no muy integrada con la economía de los Estados Unidos. El nivel...

By mean of a comparison on the way Mexico and Thailand have driven their foreign policies along their histories, convergence and divergence are found out. Until the seventies. it is not yet possible to notice a convergence between both actors' foreign policies. From that moment on, we can see...

Based on a standard set of factors pointed out by the literature we analyze the recent and rapid accumulation of international reserves in Venezuela. Among other things, we characterize the Venezuelan case and conduct a statistical analysis using a quarterly time series model between 1996 and...