Fiche du document
2017
- handle: 10670/1.1vu86a
- 0186-1042
Ce document est lié à :
http://www.redalyc.org/revista.oa
Contaduría y Administración
Sujets proches
Economic fluctuations Economic cyclesCiter ce document
Cuauhtémoc Calderón Villarreal et al., « Economic integration, economic crises and economic cycles in Mexico », Contaduría y Administración, ID : 10670/1.1vu86a
Métriques
Partage / Export
Résumé
"This article analyzes the peculiarity of the dynamics of economic fluctuations of the Mexican economy, within the framework of its integration with the US and Canada; the article demonstrates how the Mexican economy make endogenous the macroeconomic crises from the USA (2001 and 2007), and how the business cycles of both countries became more aligned to each other.Based on the heterodox economic theory of crises and cycles, we check the "empirical law of economic dynamics" of the Mexican capitalist system according to the logic of the multiplier-accelerator theory that allowed us to study the dynamics of business cycles for the period of the study (1993-2013). To do this, we construct and estimate a stationary VAR model and utilize the Granger causality tests and quarterly data."