Correlación de la producción cíclica manufacturera de México y EUA comprobada con el análisis espectral
AbstractAiming to determine the degree of correlation between Mexico’s and United States’ manufacture industry before and after NAFTA, and using spectral analysis techniques, this study reveals that the Hodrick-Prescott filter does not produce spurious cycles between these series through the period 1980-2001. The results achieved suggest that the integration of Mexico’s and United States’ production levels is strong and has grew after NAFTA. Higher levels of integration are however explained by the maquila industry of México.
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Bibliographic InfoArticle provided by Universidad Michoacana de San Nicolás de Hidalgo, Instituto de Investigaciones Económicas y Empresariales in its journal Revista Nicolaita de Estudios Económicos.
Volume (Year): I (2006)
Issue (Month): 1 ()
Correlation; business cycles; spectral analysis; Hodrick Prescott filter; NAFTA.;
Find related papers by JEL classification:
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
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