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Economía mexicana. Nueva época

Print version ISSN 1665-2045

Abstract

FRAGOSO PASTRANA, Edna; HERRERA HERNANDEZ, Jorge  and  CASTILLO PONCE, Ramón A.. Sincronización del empleo manufacturero en México y Estados Unidos. Econ. mex. Nueva época [online]. 2008, vol.17, n.1, pp.5-44. ISSN 1665-2045.

It is evident that there exists a high degree of economic interdependence between Mexico 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.

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