Economic Growth and Regional Integration in Mexico

Shepherd, D., Muñoz Torres, R.I. and Mendoza, M.A. 2017. Economic Growth and Regional Integration in Mexico. Economic Issues. 22 (1), pp. 89-110.

TitleEconomic Growth and Regional Integration in Mexico
AuthorsShepherd, D., Muñoz Torres, R.I. and Mendoza, M.A.
Abstract

In this paper we examine the regional structure of output growth, volatility and prosperity in Mexico, focusing in particular on the degree of integration between both the regions and the individual states of the country. The results suggest that there is a high degree of similarity across the regions in the responses to domestic and international shocks affecting the economy, but there are also significant differences across the individual states within each region. We identify a positive relationship between output growth and volatility, but the relationship between growth and regional disparities appears to be negative, suggesting that higher (lower) growth is generally associated with lower (higher) regional dispersion in per capita GDP levels.

KeywordsRegional Growth, Volatility, Regional Disparities, Exogenous Shocks, Cyclical Fluctuations, Co-Movement, Dynamics
JournalEconomic Issues
Journal citation22 (1), pp. 89-110
ISSN1363-7029
Year2017
PublisherEconomic Issues
Accepted author manuscriptMexico_Growth and Regional Integration_final.pdf
Web address (URL)http://www.economicissues.org.uk/Vol22.html#a6
Publication dates
Published01 Mar 2017

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