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Working Paper
Did NAFTA really cause Mexico's high maquiladora growth?
Although Mexico's maquiladora or in-bond plant system is an important and well-recognized component of Mexico-U.S. trade, the connection between the acceleration in maquiladora growth and NAFTA is less clearly understood. A broad cross-section of maquiladora observers - including journalists, political activists, industry analysts, and professors -- argue that Mexico's maquiladoras have been strongly influenced by NAFTA and have grown rapidly as a result. There are reasons to wonder if these conjectures are correct. I test for the contribution of NAFTA to fluctuations in maquiladora ...
Journal Article
Midyear update: major metros driving Texas expansion
Journal Article
The maquiladora's changing geography
A lack of data has limited our understanding of the distribution of maquiladora activity. Recently, Mexico's chief statistical agency provided previously unpublished information that will allow us to draw a more detailed portrait. ; We take a preliminary look at where specific maquiladora activities take place within Mexico. Then we examine changes in location since 1990, finding that the North American Free Trade Agreement (NAFTA) and other trade pacts have been the most important factors reshaping patterns of maquiladora employment.
Journal Article
U.S., Mexico deepen economic ties
Journal Article
Maquiladora recovery: lessons for the future
Journal Article
Laying the foundation for a mortgage industry in Mexico
Working Paper
Business cycle coordination along the Texas-Mexico border
In this paper we use a dynamic single-factor model originally due to Stock and Watson [18, 19] to measure the business cycle in four Texas border Metropolitan Statistical Areas (MSAs) and Mexico. We then measure the degree of economic integration between border cities, the US, Texas, and Mexican economies using correlation, spectral and cluster analysis. Results suggest border MSAs are significantly integrated with the broader economies and that major changes have occurred in these relationships since 1994, the year in which NAFTA was enacted and the time maquiladora industry began to ...
Journal Article
Cyclical differences emerge in border city economies
Journal Article
Regional update : Texas midyear report favorable