Crisis and economic recovery in the states of the northern border. Analysis of economic cycles

This paper analyzes the prospect of economic recovery and the comovement of regional and national economy with a focus on business cycles theory in 1997–2010. We estimate the trend and cycle of composition of growth in each entity with the Hodrick–Prescott filter and an autoregressive model, using e...

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Autores principales: Díaz González, Eliseo, Mendoza Sánchez, Mario Alberto
Formato: info:eu-repo/semantics/article
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Publicado: Universidad Autónoma de Baja California 2012
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Acceso en línea:https://ref.uabc.mx/ojs/index.php/ref/article/view/98
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spelling repositorioinstitucional-20.500.12930-64532023-05-09T17:04:01Z Crisis and economic recovery in the states of the northern border. Analysis of economic cycles La crisis y recuperación económica en los estados de la frontera norte. Un análisis de los ciclos económicos Díaz González, Eliseo Mendoza Sánchez, Mario Alberto business cycles economic recuperation northern border Social sciences Economics Statistics demography Economic cycles economic Fluctuations ciclos económicos recuperación económica frontera norte Ciencias sociales Economía Estadísticas Demografía Ciclos económicos Fluctuaciones económicas This paper analyzes the prospect of economic recovery and the comovement of regional and national economy with a focus on business cycles theory in 1997–2010. We estimate the trend and cycle of composition of growth in each entity with the Hodrick–Prescott filter and an autoregressive model, using employment data. The evidence shows that Nuevo Leon has the capacity to return to its trend growth, but Baja California and Chihuahua has less possibility. Finally, short–term dynamics of these economies shows that the degree of synchronization with the national economy seems to play for the recovery of growth. Este trabajo analiza la perspectiva de recuperación económica y el comovimiento de la economía regional y nacional con un enfoque de ciclos económicos en 1997–2010. Se estiman la descomposición de tendencia y ciclo de crecimiento en cada entidad con el filtro Hodrick–Prescott y un modelo autorregresivo, utilizando datos de empleo. Las evidencias revelan que Nuevo León tiene capacidad para regresar a su tendencia de crecimiento, pero Baja California y Chihuahua tienen menor posibilidad. Finalmente, la dinámica de corto plazo de estas economías muestra que el grado de sincronización con la economía nacional parece jugar a favor de la recuperación del crecimiento. 2012-01-01 2021-06-03T03:33:48Z 2021-06-03T03:33:48Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Regional economic analysis; Statistics; hypothesis formulation, contrast variables; theoretical review Análisis económico regional; Estadísticas; formulación de hipótesis, contraste de variables; revisión teórica https://ref.uabc.mx/ojs/index.php/ref/article/view/98 10.21670/ref.2012.25.a04 https://hdl.handle.net/20.500.12930/6453 spa https://ref.uabc.mx/ojs/index.php/ref/article/view/98/164 https://ref.uabc.mx/ojs/index.php/ref/article/view/98/172 Derechos de autor 2014 Estudios Fronterizos, Revista de Ciencias Sociales y Humanidades application/pdf text/html Universidad Autónoma de Baja California Estudios Fronterizos Revista; Vol. 13 No. 25 (2012); 89-130 Estudios Fronterizos; Vol. 13 Núm. 25 (2012); 89-130 2395-9134 0187-6961
institution Repositorio Institucional
collection DSpace
language spa
topic business cycles
economic recuperation
northern border
Social sciences
Economics
Statistics
demography
Economic cycles
economic Fluctuations
ciclos económicos
recuperación económica
frontera norte
Ciencias sociales
Economía
Estadísticas
Demografía
Ciclos económicos
Fluctuaciones económicas
spellingShingle business cycles
economic recuperation
northern border
Social sciences
Economics
Statistics
demography
Economic cycles
economic Fluctuations
ciclos económicos
recuperación económica
frontera norte
Ciencias sociales
Economía
Estadísticas
Demografía
Ciclos económicos
Fluctuaciones económicas
Díaz González, Eliseo
Mendoza Sánchez, Mario Alberto
Crisis and economic recovery in the states of the northern border. Analysis of economic cycles
description This paper analyzes the prospect of economic recovery and the comovement of regional and national economy with a focus on business cycles theory in 1997–2010. We estimate the trend and cycle of composition of growth in each entity with the Hodrick–Prescott filter and an autoregressive model, using employment data. The evidence shows that Nuevo Leon has the capacity to return to its trend growth, but Baja California and Chihuahua has less possibility. Finally, short–term dynamics of these economies shows that the degree of synchronization with the national economy seems to play for the recovery of growth.
format info:eu-repo/semantics/article
author Díaz González, Eliseo
Mendoza Sánchez, Mario Alberto
author_facet Díaz González, Eliseo
Mendoza Sánchez, Mario Alberto
author_sort Díaz González, Eliseo
title Crisis and economic recovery in the states of the northern border. Analysis of economic cycles
title_short Crisis and economic recovery in the states of the northern border. Analysis of economic cycles
title_full Crisis and economic recovery in the states of the northern border. Analysis of economic cycles
title_fullStr Crisis and economic recovery in the states of the northern border. Analysis of economic cycles
title_full_unstemmed Crisis and economic recovery in the states of the northern border. Analysis of economic cycles
title_sort crisis and economic recovery in the states of the northern border. analysis of economic cycles
publisher Universidad Autónoma de Baja California
publishDate 2012
url https://ref.uabc.mx/ojs/index.php/ref/article/view/98
_version_ 1792609201988567040