Sincronización del empleo manufacturero en México y Estados Unidos

Edna Fragoso Pastrana (), Jorge Herrera Hernández () and Ramón A. Castillo Ponce ()
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Edna Fragoso Pastrana: Banco de México
Jorge Herrera Hernández: Banco de México
Ramón A. Castillo Ponce: Universidad Autónoma de Baja California y California State University, Los Angeles.

Economía Mexicana NUEVA ÉPOCA, 2008, vol. XVII, issue 1, 5-47

Abstract: It is evident that there exists a high degree of economic interdependence betweenMexico and the United States at the aggregate level. It is not clear, however, that this relationship holds for individual economic sectors. In this document we investigate the existence of common movements, at trend and cyclical horizons, in the behavior of employment in the manufacturing sector for both countries.We find that employment in the non-maquila manufacturing sector in Mexico exhibits a higher degree of synchronization with the manufacturing employment in the U.S. than does the maquiladora sector.We argue that these results are consistent with the theories of economic integration and specialization in production.

Keywords: labor markets; common cycle; common trend. (search for similar items in EconPapers)
JEL-codes: C32 F02 (search for similar items in EconPapers)
Date: 2008
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