The impact of illegal immigration and enforcement on border crime rates
Border crime rates lie consistently below the national average. In the 1990s, however, while there as a large decline in property-related crime along the U.S.-Mexico border, violent crime rates began to converge to the national average. At the same time, legal and illegal immigration from Mexico surged and border enforcement rose to unprecedented levels. In this paper, we investigate the relationship between border county crime rates, immigration and enforcement since the early 1990s. We find that while the volume of illegal immigration is not related to changes in property-related crime, ...
U.S., Mexico deepen economic ties
Tourism and recreation a bright spot in the Big Bend region
Although challenges exist for the Big Bend region, bullish cattle prices, Mexico?s reforms, the energy boom in the Permian Basin and a stronger U.S. economy all bode well for the tricounty area. Furthermore, tourism and recreation provide the region a new avenue of growth.
Maquiladora recovery: lessons for the future
Will reforms pay off this time? Experts assess Mexico’s prospects
Mexico?s sharp first-quarter slowdown isn?t entirely surprising. While the country has made considerable economic advances in recent years, its growth is closely tied to that of its northern neighbor, and the U.S. economy stalled at year-end. Some Mexico indicators, such as industrial production, have been flat since mid-2012.
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 ...
Trade, manufacturing put Mexico back on track in 2004
Spotlight: maquiladora employment: new data confirm pickup in Juarez factory jobs
For decades, Mexico's maquiladoras have been a major growth engine in the Rio Grande region, and monthly reports on the industry's employment, wages and production were key barometers for the border region's economy. ; We developed a model to estimate Juarez's monthly maquiladora employment. This model will continue to be a timely indicator of El Paso-Jurez area manufacturing activity, given its track record and Mexico's two-month lag in reporting IMMEX (Maquiladora Manufacturing Industry and Export Services), data.