Keywords
cointegration
trade
growth
exports
imports
nafta.
How to Cite
Abstract
This article analyzes the relationship between exports and output using econometric multivariate time series techniques (the Johansen cointegration test and Granger causality analysis). Using an error-correction model estimate, the authors show the long-term relationship between Mexico’s exports and gdp as well as the causality between these variables. This makes it possible to elucidate the kind of trade the country carries out, one of the causes of its low growth over the last three decades.Authors who publish with this journal agree to the following terms:
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.