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Convergencia de las entidades federativas de México, 1940-2004: un enfoque de series de tiempo

Author

Listed:
  • Rodolfo Cermeño

    (Division of Economics, CIDE)

  • Daniel Garrido

Abstract

This paper evaluates convergence of per capita GDP among the Mexican states. The paper attempts to make two important contributions to the literature on convergence in México. First, it is used a yearly data base for a relatively large time span which allows the use of a time series approach and to better characterize the dynamics of output and to obtain more reliable estimates. Second, it is used a cointegration approach explicitly considering possible structural changes which, if ignored, can produce non negligible distortions. The results show that the dynamics of per capita GDP gaps of pairs of states exhibits structural change and seem to be consistent with processes with long run common trends rather than with absolute or conditional convergence.

Suggested Citation

  • Rodolfo Cermeño & Daniel Garrido, 2008. "Convergencia de las entidades federativas de México, 1940-2004: un enfoque de series de tiempo," Working papers DTE 448, CIDE, División de Economía.
    • Handle: RePEc:emc:wpaper:dte448
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    File URL: http://www.economiamexicana.cide.edu/RePEc/emc/pdf/DTE/DTE448.pdf
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    More about this item

    Keywords

    Per capita GDP; cointegration;

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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