<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2007-5308</journal-id>
<journal-title><![CDATA[México y la cuenca del pacífico]]></journal-title>
<abbrev-journal-title><![CDATA[Méx.cuenca pac]]></abbrev-journal-title>
<issn>2007-5308</issn>
<publisher>
<publisher-name><![CDATA[Universidad de Guadalajara, Centro Universitario de Ciencias Sociales y Humanidades, Departamento de Estudios del Pacífico]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2007-53082015000300065</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[El comercio México-China: Su importancia e impacto en la economía mexicana]]></article-title>
<article-title xml:lang="en"><![CDATA[The Mexican-Chinese trade: Its importance for the economy of Mexico]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Mendoza Cota]]></surname>
<given-names><![CDATA[Jorge Eduardo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,El Colegio de la Frontera Norte Departamento de Estudios Económicos ]]></institution>
<addr-line><![CDATA[Tijuana Baja California]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2015</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2015</year>
</pub-date>
<volume>4</volume>
<numero>12</numero>
<fpage>65</fpage>
<lpage>91</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2007-53082015000300065&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2007-53082015000300065&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2007-53082015000300065&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Desde la década del dos mil el comercio entre China y México se ha incrementado como porcentaje del comercio total de México. Como resultado, China se ha convertido en el socio comercial de México con un mayor superávit comercial. Para estimar el efecto de los cambios en el comercio entre China y México en la economía de México, se estableció un modelo econométrico para determinar la relación de causalidad y estimar una función de largo plazo mediante una regresión de mínimos cuadrados totalmente modificados (FMOLS). Los resultados muestran relaciones de cointegración a largo plazo entre la cuenta corriente, el déficit comercial total entre China y México, el PIB real y el tipo de cambio peso-yuan. Asimismo, se obtuvo una relación de causalidad de Granger entre la balanza en cuenta corriente y el PIB real de México. Finalmente, la estimación de la ecuación a largo plazo muestra que el PIB real muestra una relación negativa con el déficit en la cuenta corriente y una relación positiva con los movimientos del tipo de cambio entre el peso y el yuan.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Since the decade of the two thousands, the Mexican economy has shown an increasing share of Chinese exports within the total trade of Mexico. As a result, the economy of China exhibits the highest commercial surplus with Mexico. With the goal of estimating the effect of changes in Chinese and Mexican trade on the Mexican economy, an econometric model was established to estimate relations of causality, and a long run function was created, based on a fully modified ordinary least equation (FMOLS). The results showed the existence of co-integrating equations between the current account, the commercial deficit with China, the real GDP of Mexico and the peso/yuan exchange rate. The Granger test showed causality between the current account balance and the real GDP. Finally, the long run equation estimation exhibited a negative relationship with the balance of the current account and a positive relationship with the exchange rate.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[cuenta corriente]]></kwd>
<kwd lng="es"><![CDATA[déficit comercial]]></kwd>
<kwd lng="es"><![CDATA[tipo de cambio]]></kwd>
<kwd lng="es"><![CDATA[exportaciones de China]]></kwd>
<kwd lng="es"><![CDATA[manufacturas]]></kwd>
<kwd lng="es"><![CDATA[PIB]]></kwd>
<kwd lng="en"><![CDATA[current account]]></kwd>
<kwd lng="en"><![CDATA[trade deficit]]></kwd>
<kwd lng="en"><![CDATA[exchange rate]]></kwd>
<kwd lng="en"><![CDATA[chinese exports]]></kwd>
<kwd lng="en"><![CDATA[manufactures]]></kwd>
<kwd lng="en"><![CDATA[GDP]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Asteriou]]></surname>
<given-names><![CDATA[Dimitrios]]></given-names>
</name>
<name>
<surname><![CDATA[Hall]]></surname>
<given-names><![CDATA[Stephen]]></given-names>
</name>
</person-group>
<source><![CDATA[Applied Econometrics, a Modern Approach]]></source>
<year>2006</year>
<publisher-loc><![CDATA[New York ]]></publisher-loc>
<publisher-name><![CDATA[Palgrave Macmillan]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B2">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Blecker]]></surname>
<given-names><![CDATA[Robert]]></given-names>
</name>
</person-group>
<source><![CDATA[Macroeconomic and Structural Constraints on Export-Led Growth in Mexico]]></source>
<year>2006</year>
<publisher-name><![CDATA[American University, Department of Economics]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Edwards]]></surname>
<given-names><![CDATA[Sebastian]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Does the Current Account Matter?]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Edwards]]></surname>
<given-names><![CDATA[Sebastian]]></given-names>
</name>
<name>
<surname><![CDATA[Frankel]]></surname>
<given-names><![CDATA[Jeffrey A.]]></given-names>
</name>
</person-group>
<source><![CDATA[Preventing Currency Crises in Emerging Markets]]></source>
<year>2002</year>
<page-range>21-76</page-range><publisher-loc><![CDATA[United States of America ]]></publisher-loc>
<publisher-name><![CDATA[University of Chicago Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Is U.S. Current Account Deficit Sustainable? And if Not, How costly is Adjustment Likely to be?]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Edwards]]></surname>
<given-names><![CDATA[Sebastian]]></given-names>
</name>
</person-group>
<source><![CDATA[NBER Working Paper]]></source>
<year>2005</year>
<numero>1154</numero>
<issue>1154</issue>
</nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Feenstra]]></surname>
<given-names><![CDATA[Robert]]></given-names>
</name>
<name>
<surname><![CDATA[Wei]]></surname>
<given-names><![CDATA[Shang Jin]]></given-names>
</name>
</person-group>
<source><![CDATA[China's Growing Role in World Trade]]></source>
<year>2010</year>
<publisher-loc><![CDATA[United States of America ]]></publisher-loc>
<publisher-name><![CDATA[University of Chicago Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B6">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[The US-China Bilateral Trade Balance: Its Size and Determinants]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Feenstra]]></surname>
<given-names><![CDATA[Robert C.]]></given-names>
</name>
<name>
<surname><![CDATA[Wen]]></surname>
<given-names><![CDATA[Hai]]></given-names>
</name>
<name>
<surname><![CDATA[Wing]]></surname>
<given-names><![CDATA[Woo T.]]></given-names>
</name>
<name>
<surname><![CDATA[Shunli]]></surname>
<given-names><![CDATA[Yao]]></given-names>
</name>
</person-group>
<source><![CDATA[NBER Working Paper]]></source>
<year>1998</year>
<numero>6598</numero>
<issue>6598</issue>
<publisher-name><![CDATA[National Bureau of Economic Research]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B7">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Real Balances, The Exchange Rate, and Indexation: Real Variables in Disinflation]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Fischer]]></surname>
<given-names><![CDATA[Stanley]]></given-names>
</name>
</person-group>
<source><![CDATA[Quarterly Journal of Economics]]></source>
<year>1988</year>
<volume>103</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>27-49</page-range></nlm-citation>
</ref>
<ref id="B8">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[China Matters: China's Economic Impact in Latin America]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Gallagher]]></surname>
<given-names><![CDATA[Kevin]]></given-names>
</name>
<name>
<surname><![CDATA[Porzecansk]]></surname>
<given-names><![CDATA[Roberto]]></given-names>
</name>
</person-group>
<source><![CDATA[Latin American Research Review]]></source>
<year>2008</year>
<volume>43</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>185-200</page-range></nlm-citation>
</ref>
<ref id="B9">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Trade Deficits: Causes and Consequences]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Gould]]></surname>
<given-names><![CDATA[David]]></given-names>
</name>
<name>
<surname><![CDATA[Ruffin]]></surname>
<given-names><![CDATA[Roy]]></given-names>
</name>
</person-group>
<source><![CDATA[Federal Reserve Bank of Dallas, Economic Review]]></source>
<year>1996</year>
</nlm-citation>
</ref>
<ref id="B10">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Why isn't Mexico Rich?]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hanson]]></surname>
<given-names><![CDATA[Gordon]]></given-names>
</name>
</person-group>
<source><![CDATA[Journal of Economic Literature]]></source>
<year>2010</year>
<volume>48</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>987-1004</page-range></nlm-citation>
</ref>
<ref id="B11">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[The Empirical Measurement of Intra-industry Trade]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Grubel]]></surname>
<given-names><![CDATA[Herbert G.]]></given-names>
</name>
<name>
<surname><![CDATA[Lloyd]]></surname>
<given-names><![CDATA[P. J.]]></given-names>
</name>
</person-group>
<source><![CDATA[The Economic Record]]></source>
<year>1971</year>
<volume>47</volume>
<page-range>494 - 517</page-range></nlm-citation>
</ref>
<ref id="B12">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hernández]]></surname>
<given-names><![CDATA[Clemente]]></given-names>
</name>
<name>
<surname><![CDATA[Cervantes]]></surname>
<given-names><![CDATA[Miguel]]></given-names>
</name>
<name>
<surname><![CDATA[Montoya]]></surname>
<given-names><![CDATA[Mauricio]]></given-names>
</name>
<name>
<surname><![CDATA[Montalvo]]></surname>
<given-names><![CDATA[Raúl]]></given-names>
</name>
</person-group>
<source><![CDATA[Anuario estadístico de China. Un panorama economic]]></source>
<year>2011</year>
<publisher-loc><![CDATA[México ]]></publisher-loc>
<publisher-name><![CDATA[ITESM]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B13">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Economic Liberalization and Trade Relations between Mexico and China]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hernández]]></surname>
<given-names><![CDATA[Roberto]]></given-names>
</name>
</person-group>
<source><![CDATA[Journal of Current Chinese Affairs]]></source>
<year>2012</year>
<volume>41</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>49-96</page-range></nlm-citation>
</ref>
<ref id="B14">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Viewing the Current Account Deficit as a Capital Inflow]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Higgins]]></surname>
<given-names><![CDATA[Matthew]]></given-names>
</name>
<name>
<surname><![CDATA[Klitgaard]]></surname>
<given-names><![CDATA[Thomas]]></given-names>
</name>
</person-group>
<source><![CDATA[Current Issues in Economics and Finance]]></source>
<year>1998</year>
<volume>4</volume>
<numero>13</numero>
<issue>13</issue>
<page-range>1-6</page-range><publisher-name><![CDATA[Federal Reserve New York]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B15">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Estimation and Hypothesis testing of Cointegration Vectors in Gausian Vector Autorregresive Models]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Johansen]]></surname>
<given-names><![CDATA[Soren]]></given-names>
</name>
</person-group>
<source><![CDATA[Econometrica]]></source>
<year>1991</year>
<volume>59</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>1551-80</page-range></nlm-citation>
</ref>
<ref id="B16">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Johnston]]></surname>
<given-names><![CDATA[Jack]]></given-names>
</name>
<name>
<surname><![CDATA[Dinardo]]></surname>
<given-names><![CDATA[John]]></given-names>
</name>
</person-group>
<source><![CDATA[Econometric Methods]]></source>
<year>1997</year>
<edition>4</edition>
<publisher-loc><![CDATA[United States of America ]]></publisher-loc>
<publisher-name><![CDATA[McGraw-Hill]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B17">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Why have Economic Reforms in Mexico not generated Growth?]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Kehoe]]></surname>
<given-names><![CDATA[Timothy J.]]></given-names>
</name>
<name>
<surname><![CDATA[Ruhl]]></surname>
<given-names><![CDATA[Kim J]]></given-names>
</name>
</person-group>
<source><![CDATA[NBER Working Paper Series]]></source>
<year>2010</year>
<numero>16580</numero>
<issue>16580</issue>
<publisher-name><![CDATA[National Bureau of Economic Research]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B18">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Testing the Null Hypothesis of Stationarity against the Alternative of a Unit Root: How sure are we that Economic Time Series have a Unit Root?]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Kwiatkowski]]></surname>
<given-names><![CDATA[Denis]]></given-names>
</name>
<name>
<surname><![CDATA[Phillips]]></surname>
<given-names><![CDATA[C. B., Peter]]></given-names>
</name>
<name>
<surname><![CDATA[Schmidt]]></surname>
<given-names><![CDATA[Peter]]></given-names>
</name>
<name>
<surname><![CDATA[Yongcheol]]></surname>
<given-names><![CDATA[Shin]]></given-names>
</name>
</person-group>
<source><![CDATA[Journal of Econometrics]]></source>
<year>1992</year>
<volume>54</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>159-78</page-range></nlm-citation>
</ref>
<ref id="B19">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[El efecto de las exportaciones chinas hacia Estados Unidos en la demanda de empleo del sector manufacturero en México 2004-2012]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Mendoza]]></surname>
<given-names><![CDATA[Eduardo]]></given-names>
</name>
</person-group>
<source><![CDATA[Portes, Revista Mexicana de Estudios sobre la Cuenca del Pacífico]]></source>
<year>2013</year>
<volume>7</volume>
<numero>14</numero>
<issue>14</issue>
<page-range>33-69</page-range></nlm-citation>
</ref>
<ref id="B20">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[México: crecimiento económico y restricción de la balanza de pagos]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Moreno-Brid]]></surname>
<given-names><![CDATA[Juan Carlos]]></given-names>
</name>
</person-group>
<source><![CDATA[Comercio Exterior]]></source>
<year>1998</year>
<volume>48</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>478-86</page-range></nlm-citation>
</ref>
<ref id="B21">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Does the Current Account Still Matter?]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Obstfeld]]></surname>
<given-names><![CDATA[Maurice]]></given-names>
</name>
</person-group>
<source><![CDATA[American Economic Review, Papers &amp; Proceedings]]></source>
<year>2012</year>
<volume>102</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>1-23</page-range></nlm-citation>
</ref>
<ref id="B22">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Generalized Impulse Response Analysis in Linear Multivariate Models]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hashem]]></surname>
<given-names><![CDATA[Pesaran]]></given-names>
</name>
<name>
<surname><![CDATA[Shin]]></surname>
<given-names><![CDATA[Yongcheol]]></given-names>
</name>
</person-group>
<source><![CDATA[Economics Letters]]></source>
<year>1998</year>
<volume>58</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>17-29</page-range></nlm-citation>
</ref>
<ref id="B23">
<nlm-citation citation-type="journal">
<article-title xml:lang=""><![CDATA[Statistical Inference in Instrumental Variable Regressions with I(1) Process]]></article-title>
<person-group person-group-type="author">
<name>
<surname><![CDATA[Phillips]]></surname>
<given-names><![CDATA[P.C.]]></given-names>
</name>
<name>
<surname><![CDATA[Hansen]]></surname>
<given-names><![CDATA[B. E.]]></given-names>
</name>
</person-group>
<source><![CDATA[Review of Economic Studies]]></source>
<year>1990</year>
<volume>57</volume>
<page-range>99-125</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
