Affiliation:
1. Department of Economics and Finance, University of Texas at El Paso,
Abstract
Historically linked by geography, trade, and culture, border areas of the United States and Mexico are becoming even more closely integrated by the elimination of trade and investment barriers under the North American Free Trade Agreement. Greater economic integration raises the question of whether the traditional approach to regional econometric modeling is applicable to border metropolitan areas. This article examines this issue with respect to the El Paso-Ciudad Juárez borderplex by specifying and estimating an econometric model and then simulating it under different currency conditions. Simulation output from the model is also compared and contrasted with extrapolations from a Bayesian vector autoregressive model. Results indicate that the traditional framework provides a viable means for analyzing international border region business trends.
Subject
General Social Sciences,General Environmental Science
Cited by
22 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献