Economic integration, economic crises and economic cycles in Mexico

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Autore principale: Cuauhtémoc Calderón Villarreal
Natura: Artículo científico
Lingua:en
Pubblicazione: Universidad Nacional Autónoma de México 2017
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author Cuauhtémoc Calderón Villarreal
author_facet Cuauhtémoc Calderón Villarreal
contents Economic integration, economic crises and economic cycles in Mexico Cuauhtémoc Calderón Villarreal Leticia Hernández Bielma Administración y Contabilidad E32 F02 NAFTA Crisis Growth This article analyzes the peculiarity of the dynamics of economic fluctuations of the Mexican economy, within the framework of its integration with the US and Canada; the article demonstrates how the Mexican economy make endogenous the macroeconomic crises from the USA (2001 and 2007), and how the business cycles of both countries became more aligned to each other.Based on the heterodox economic theory of crises and cycles, we check the "empirical law of economic dynamics" of the Mexican capitalist system according to the logic of the multiplier-accelerator theory that allowed us to study the dynamics of business cycles for the period of the study (1993-2013). To do this, we construct and estimate a stationary VAR model and utilize the Granger causality tests and quarterly data. 2017 artículo científico 0186-1042 https://www.redalyc.org/articulo.oa?id=39554719005 https://www.redalyc.org/journal/395/39554719005/ https://www.redalyc.org/journal/395/39554719005/html/ https://www.redalyc.org/journal/395/39554719005/39554719005.epub https://www.redalyc.org/journal/395/39554719005/movil 10.1016/j.cya.2016.01.006 en http://www.redalyc.org/revista.oa?id=395 Contaduría y Administración application/pdf Universidad Nacional Autónoma de México Contaduría y Administración (México) Num.1 Vol.62
format Artículo científico
id redalyc_39554719005
institution Redalyc
language en
publishDate 2017
publisher Universidad Nacional Autónoma de México
spellingShingle Economic integration, economic crises and economic cycles in Mexico
Cuauhtémoc Calderón Villarreal
Administración y Contabilidad
E32
F02
NAFTA
Crisis
Growth
Economic integration, economic crises and economic cycles in Mexico Cuauhtémoc Calderón Villarreal Leticia Hernández Bielma Administración y Contabilidad E32 F02 NAFTA Crisis Growth This article analyzes the peculiarity of the dynamics of economic fluctuations of the Mexican economy, within the framework of its integration with the US and Canada; the article demonstrates how the Mexican economy make endogenous the macroeconomic crises from the USA (2001 and 2007), and how the business cycles of both countries became more aligned to each other.Based on the heterodox economic theory of crises and cycles, we check the "empirical law of economic dynamics" of the Mexican capitalist system according to the logic of the multiplier-accelerator theory that allowed us to study the dynamics of business cycles for the period of the study (1993-2013). To do this, we construct and estimate a stationary VAR model and utilize the Granger causality tests and quarterly data. 2017 artículo científico 0186-1042 https://www.redalyc.org/articulo.oa?id=39554719005 https://www.redalyc.org/journal/395/39554719005/ https://www.redalyc.org/journal/395/39554719005/html/ https://www.redalyc.org/journal/395/39554719005/39554719005.epub https://www.redalyc.org/journal/395/39554719005/movil 10.1016/j.cya.2016.01.006 en http://www.redalyc.org/revista.oa?id=395 Contaduría y Administración application/pdf Universidad Nacional Autónoma de México Contaduría y Administración (México) Num.1 Vol.62
title Economic integration, economic crises and economic cycles in Mexico
topic Administración y Contabilidad
E32
F02
NAFTA
Crisis
Growth
url https://www.redalyc.org/articulo.oa?id=39554719005
https://www.redalyc.org/journal/395/39554719005/
https://www.redalyc.org/journal/395/39554719005/html/
https://www.redalyc.org/journal/395/39554719005/39554719005.epub
https://www.redalyc.org/journal/395/39554719005/movil