IDEAS home Printed from https://ideas.repec.org/a/nax/conyad/v60y2015i6p147-168.html
   My bibliography  Save this article

Recession in the Mexican states: magnitude and causes

Author

Listed:
  • Miguel Ángel Díaz Carreño

    (Universidad Autónoma del Estado de México, Facultad de Economía, México)

  • Pablo Mejía Reyes

    (Universidad Autónoma del Estado de México, Facultad de Economía, México)

  • Alfredo Erquizio Espinal

    (Universidad de Sonora, Facultad de Economía, México)

  • Roberto Ramírez Rodríguez

    (Universidad de Sonora, Facultad de Economía, México)

Abstract

This paper analyzes the role of trade, output structure and capital flows in the drop of output in the Mexican states during the Great Recession (2007-2009) by using a nonpa¬rametric regression approach. The results show that the main variables that explain state output drops, measured on the basis of the state coincident index (ICE) and the manufactu¬ring production index (MAN), are the ratios of the “maquiladora” and the automotive pro¬duction to the manufacturing production (Maq/Man and A/Man, respectively), while when output drops are measured by using the quarterly indicator of the state economic activity (QIEEA), variables such as Maq/Man and the specialization indicator of the automotive production(IE-A) were the most significant explicative variables.

Suggested Citation

  • Miguel Ángel Díaz Carreño & Pablo Mejía Reyes & Alfredo Erquizio Espinal & Roberto Ramírez Rodríguez, 2015. "Recession in the Mexican states: magnitude and causes," Contaduría y Administración, Accounting and Management, vol. 60(6), pages 147-168, Octubre-D.
    • Handle: RePEc:nax:conyad:v:60:y:2015:i:6:p:147-168
    as

    Download full text from publisher

    File URL: http://www.cya.unam.mx/index.php/cya/article/view/917
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nax:conyad:v:60:y:2015:i:6:p:147-168. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alberto García-Narvaez (Technical Editor) (email available below). General contact details of provider: https://edirc.repec.org/data/fcunamx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.