Search Results
Journal Article
Maquiladora industry: past, present and future
Journal Article
Border benefits from Mexican shoppers
Journal Article
U.S.–Mexico manufacturing: back in the race?
After joining the World Trade Organization, China made great strides in global manufacturing. But in recent years, manufacturing has shifted back to North America, and in some sectors, Mexico has a clear advantage over China. North America?s improved manufacturing outlook bodes well for the U.S.?Mexico border region.
Speech
Understanding the evolving relationship between the United States and Mexico
Dallas Fed Senior Vice President Roberto Coronado delivered these remarks at the Western Hemispheric Trade Center Annual Conference at Texas A&M International University in Laredo.
Journal Article
Spotlight: El Paso Medical School: New facility kindles hopes for well-paying jobs
El Paso's efforts to move beyond low-wage manufacturing and services jobs will get a boost from next year's opening of a new medical school. Along with other new and expanded health care facilities, the school could serve as a catalyst for bringing well-paying professional jobs to West Texas. ; The Paul L. Foster School of Medicine will be the 10th medical school in Texas and the state's first new one since 1977. Perhaps more important, it will be the first U.S. medical school along the 2,000-mile border with Mexico.
Working Paper
Business cycles and remittances: can the Beveridge-Nelson decomposition provide new evidence?
In this paper, I analyze the business cycle properties of remittances and output series for three pairs of countries: United States-Mexico, United States-El Salvador, and Germany-Turkey. Using an unobserved components state-space model (via the Beveridge-Nelson decomposition), I decompose the remittances and output series into stochastic permanent and cyclical components. I then use the resulting stationary cyclical components to estimate co-movements between remittances and output series. Empirical results indicate that remittances are countercyclical with all the home countries: Mexico, El ...
Journal Article
New Mexico recovery lags amid energy, government sector weakness
New Mexico?s unique history is reflected in the state?s demographics and economy. Tourism, energy and government have traditionally driven activity. Although government once bolstered growth, it is now a drag. While new industries have emerged and trade with Mexico has grown, economic recovery has been slow.
Journal Article
Southeast New Mexico shines as state economy slowly mends
Working Paper
Do remittances boost economic development? Evidence from Mexican states
Remittances have been promoted as a development tool because they can raise incomes and reduce poverty rates in developing countries. Remittances may also promote development by providing funds that recipients can spend on education or health care or invest in entrepreneurial activities. From a macroeconomic perspective, remittances can boost aggregate demand and thereby GDP as well as spur economic growth. However, remittances may also have adverse macroeconomic impacts by increasing income inequality and reducing labor supply among recipients. We use state-level data from Mexico during ...