Recesión en los estados de México: Magnitud y causas

Translated title of the contribution: Recession in the Mexican States: Magnitude and causes

Miguel Ángel Díaz Carreño*, Pablo Mejía Reyes, Alfredo Erquizio Espinal, Roberto Ramírez Rodríguez

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

4 Scopus citations


This paper analyzes the role of trade, output structure and the capital flows on the drop of the output into Mexican states during the Great Recession between 2007 and 2009 by using nonparametric regression method. The results shows that the main variables that explain the state output drop, when we use the state coincident index (ICE) and the manufacturing output index (MAN), these are the ratios of the maquiladora industry and manufacturing industry (Maq/Man) as well as the automotriz output and the manufacturing output (A/Man), while when we use the quarterly indicator of the state economic activity (QIEEA) to account the state output drop, variables such as Maq/Man and the specialization indicator of the automotriz output (IE-A) were the more significant explicative variables.

Translated title of the contributionRecession in the Mexican States: Magnitude and causes
Original languageSpanish
Pages (from-to)147-168
Number of pages22
JournalContaduria y Administracion
StatePublished - 1 Oct 2015

Bibliographical note

Publisher Copyright:
© 2015 Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración.


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