Business, Management and Accounting
8 years ago

Mexico's export patterns linked to low growth over three decades.

Norteamérica
Exports in Mexico: an Analysis of Cointegration and Causality (1980-2012)
Miguel Heras Villanueva, Carlos Gómez Chiñas

Paper Summary

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The article analyzes how Mexico's exports and GDP are related using statistical tests. The researchers found a long-term connection between Mexico's exports and GDP, showing that changes in one affect the other. This helps explain why Mexico's economy has grown slowly in the past 30 years.