Maquila, currency misalignment and export-led growth in Mexico

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(104/2011)
cepal.callNumberLC/G.2498-P
cepal.callNumberCEPAL Review no.104 August 2011
cepal.docTypeRevistas
cepal.physicalDescriptiongráficos., tablas.
cepal.topicEngECONOMIC INDICATORS AND PROJECTIONS
cepal.topicSpaINDICADORES ECONÓMICOS Y PROYECCIONES
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorIbarra, Carlos Alberto
dc.coverage.spatialEngMEXICO
dc.coverage.spatialSpaMEXICO
dc.date.accessioned2014-01-02T18:45:42Z
dc.date.available2014-01-02T18:45:42Z
dc.date.issued2011-08
dc.descriptionIncludes bibliography
dc.description.abstractThe paper argues that the weak effect of exports on GDP growth in Mexico is partly explained by two features of the Mexican economy that arose subsequent to trade liberalization: the peso's continued real appreciation and the large and rising share of the maquila sector in manufacturing exports. The argument is developed through an analytical example for a stationary economy with no investment. As motivation for the example's main assumptions, the paper presents empirical evidence gathered from the country's Annual Industrial Survey and the estimation of cointegration equations for maquila and non-maquila intermediate imports. The empirical evidence shows that (a) exports are highly dependent on imports and thus benefit from trade liberalization, and (b) while real exchange rate changes can induce substitution between local and imported intermediate goods generally, this is not the case in the maquila sector.
dc.formatTexto
dc.format.extentpáginas. 191-205
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2498-P
dc.identifier.urihttps://hdl.handle.net/11362/11511
dc.language.isoeng
dc.physicalDescriptiongrafs., tabls.
dc.physicalDescriptionp. 191-205
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo104
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngTRADE LIBERALIZATION
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngGROSS DOMESTIC PRODUCT
dc.subject.unbisEngOFFSHORE ASSEMBLY
dc.subject.unbisEngEXPORTS
dc.subject.unbisEngIMPORTS
dc.subject.unbisEngMANUFACTURES
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisSpaLIBERALIZACION DEL INTERCAMBIO
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaPRODUCTO INTERNO BRUTO
dc.subject.unbisSpaINDUSTRIA MAQUILADORA
dc.subject.unbisSpaEXPORTACIONES
dc.subject.unbisSpaIMPORTACIONES
dc.subject.unbisSpaPRODUCTOS MANUFACTURADOS
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.titleMaquila, currency misalignment and export-led growth in Mexico
dc.type.coarrevista
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