Cost and relative price competitiveness of Mexican manufacturing industry in the US market
This research evaluates the long-term determinants of Mexican manufacturing competitiveness in the US market. To perform this task, an International Competitiveness (IC) index is constructed and then a model is specified and estimated by using three different econometric methods. The empirical evide...
| Autor: | |
|---|---|
| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2016 |
| País: | México |
| Institución: | EL COLEGIO DE LA FRONTERA NORTE |
| Repositorio: | Frontera Norte |
| Idioma: | inglés |
| OAI Identifier: | oai:revistas.colef.mx:article/72 |
| Acceso en línea: | https://fronteranorte.colef.mx/index.php/fronteranorte/article/view/72 |
| Access Level: | acceso abierto |
| Palabra clave: | International competitiveness manufacturing industry cointegration analysis Mexico USA competitividad internacional industria manufacturera análisis de cointegración México Estados Unidos |
| Sumario: | This research evaluates the long-term determinants of Mexican manufacturing competitiveness in the US market. To perform this task, an International Competitiveness (IC) index is constructed and then a model is specified and estimated by using three different econometric methods. The empirical evidence across econometric techniques is consistent in indicating that IC is responsive to the peso-dollar real exchange rate, the yuan-dollar real exchange rate, labor productivity, wages and the cost of credit. An important contribution of this paper is to show that manufacturing IC is influenced by the yuan-dollar real exchange rate and the real cost of credit. |
|---|