Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/UAM/AZC/DCSH/AE/2020V35N89/GALVEZ
O. Gálvez-Soriano
{"title":"Could Education Increase the Economic Growth of Mexico?","authors":"O. Gálvez-Soriano","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/GALVEZ","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/GALVEZ","url":null,"abstract":"BSTRACT This paper studies the role of education on the economic growth of Mexico. The Uzawa-Lucas Model is used to study the contribution of human capital on growth, while the specific role of education is accounted with a Vector Error Correction (VEC) Model. The main finding of this paper is that an increase of one percent in human capital implies an increase of 1.59 percent on Mexican Gross Domestic Product (GDP). And given the role of education on human capital, an increase of one percent in years of schooling causes an increase in the long run GDP growth rate of 2.19","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127023122","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/UAM/AZC/DCSH/AE/2020V35N89/RUA
Andrés Felipe Rúa-Ortiz, H. Merritt, Alejandro Valencia-Arías
{"title":"Innovación tecnológica inducida:un análisis bibliométrico de la investigación en energía solar, 1960-2018","authors":"Andrés Felipe Rúa-Ortiz, H. Merritt, Alejandro Valencia-Arías","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/RUA","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/RUA","url":null,"abstract":"In recent years the number of natural disasters caused by global warming has grown. Following these disasters, the use of fossil fuels to meet global energy demand has been criticized by considering the alternative of replacing oil with cleaner energy such as solar, wind and hydraulic. However, the adoption and implementation of alternative energies face both economic and structural advantages and disadvantages. Among the former are the growing technological innovations that increase its attractiveness in terms of opportunity costs, and in the latter are the low economic competitiveness that alternative (or clean) technologies still offer compared to oil. This article addresses the origin of the substitution from a historical framework by postulating that the technological boom of alternative energies, in particular solar energy was induced by the oil embargo that the United States suffered in 1973 and served as an incentive to fire research in these technologies. Following a bibliometric search methodology, the analysis is divided into six stages to demonstrate that the rise in the price of oil triggered the rise of alternative energy but as the number of published articles grew, the research area was consolidated, separating from the effect price.","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132796416","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/uam/azc/dcsh/ae/2020v35n2/lizarazu
Eddy Lizarazu Alanez
{"title":"Una ilustración en el modelo MF estocásticode Mark (2000): simulación y estimación del efecto desbordamiento","authors":"Eddy Lizarazu Alanez","doi":"10.24275/uam/azc/dcsh/ae/2020v35n2/lizarazu","DOIUrl":"https://doi.org/10.24275/uam/azc/dcsh/ae/2020v35n2/lizarazu","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"116 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124721734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/uam/azc/dcsh/ae/2020v35n2/gonzalez
J. González García
{"title":"Causas, evolución y perspectivas de la guerra comercial para China","authors":"J. González García","doi":"10.24275/uam/azc/dcsh/ae/2020v35n2/gonzalez","DOIUrl":"https://doi.org/10.24275/uam/azc/dcsh/ae/2020v35n2/gonzalez","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115702362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/UAM/AZC/DCSH/AE/2020V35N89/JAIME
D. Camacho, V. Ahumada
{"title":"Comercio intraindustrial y los índices A y B de Brülhart del acero y el aluminio para el comercio México-Estados Unidos","authors":"D. Camacho, V. Ahumada","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/JAIME","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/JAIME","url":null,"abstract":"This research analyzes the dynamics of the Mexico-US trade involving the steel and aluminum industries’ main tariff headings during the years of the North American Free Trade Agreement. We make use of the intra-industry trade (IIT) approach, which is based on the Grubel-Lloyd (GL) index and the A and B indices developed by Brülhart. The main contribution lies in the quantification of the ITT of the steel and aluminum industries not only from the static perspective by means of the GL index, but also from the dynamic perspective by way of Brülhart’s A and B indices. Based on this empirical evidence and on the smooth adjustment hypothesis, we evaluate the potential adjustment costs resulting from a new round of tariffs imposed by US on the steel and aluminum imported from Mexico.","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131296465","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/uam/azc/dcsh/ae/2020v35n2/martinez
Gabriel Martínez González
{"title":"Effect on employment of minimum wages in Mexico","authors":"Gabriel Martínez González","doi":"10.24275/uam/azc/dcsh/ae/2020v35n2/martinez","DOIUrl":"https://doi.org/10.24275/uam/azc/dcsh/ae/2020v35n2/martinez","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122197239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/uam/azc/dcsh/ae/2020v35n2/jaime
Daniel David Jaime Camacho
{"title":"Comercio intraindustrial y los índices A y B de Brülhart del acero y el aluminio para el comercio México-Estados Unidos","authors":"Daniel David Jaime Camacho","doi":"10.24275/uam/azc/dcsh/ae/2020v35n2/jaime","DOIUrl":"https://doi.org/10.24275/uam/azc/dcsh/ae/2020v35n2/jaime","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"45 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120896630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/UAM/AZC/DCSH/AE/2020V35N89/MARTINEZP
M. T. V. Martínez-Palacios
{"title":"Decisiones óptimas de consumo y portafolio con opciones asiáticas de tipo americano enun modelo de equilibrio general dinámico estocástico","authors":"M. T. V. Martínez-Palacios","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/MARTINEZP","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/MARTINEZP","url":null,"abstract":"En esta investigación se desarrolla un modelo de equilibrio general dinámico estocástico sobre las decisiones de consumo e inversión de un agente adverso al riesgo representativo de una economía pequeña y cerrada, sujeto al riesgo de mercado de los activos que conforman el portafolio, esto en un horizonte temporal finito con fecha final aleatoria. Se supone que el agente tiene acceso a tres activos: una acción, cuya tasa de interés es estocástica, una opción suscrita sobre la acción y un bono libre de riesgo. Los precios de los activos se expresan en unidades del bien de consumo y no hay impuestos ni costos de transacción en el mantenimiento del portafolio. El problema planteado es útil para caracterizar la prima de una opción asiática de venta de tipo americano con precio de ejercicio flotante como solución de una ecuación diferencial parcial. Palabras clave: Control óptimo estocástico; selección de portafolio; opciones asiáticas de tipo americano; tasa de interés estocástica.","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122507219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2020-05-15DOI: 10.24275/UAM/AZC/DCSH/AE/2020V35N89/MARTINEZ
Gabriela Gonzalez
{"title":"Effect on employment of minimum wages in Mexico","authors":"Gabriela Gonzalez","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/MARTINEZ","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/MARTINEZ","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126574060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Análisis EconómicoPub Date : 2019-09-30DOI: 10.24275/uam/azc/dcsh/ae/2019v34n87/ruiz
Antonio Ruiz-Porras, Javier Emmanuel Anguiano-Pita
{"title":"La integración financiera de la región del TLCAN: un análisis de los mercados monetarios,cambiarios y bursátiles","authors":"Antonio Ruiz-Porras, Javier Emmanuel Anguiano-Pita","doi":"10.24275/uam/azc/dcsh/ae/2019v34n87/ruiz","DOIUrl":"https://doi.org/10.24275/uam/azc/dcsh/ae/2019v34n87/ruiz","url":null,"abstract":"Estudiamos la integracion de los mercados monetarios, cambiarios y bursatiles de la region del TLCAN. Se utilizan pruebas de raices unitarias y de cambio estructural endogeno y correlaciones dinamicas. Los resultados muestran que: 1) los procesos de integracion financiera han sido inestables en la region; 2) todos los mercados experimentaron cambios estructurales; 3) no necesariamente hay procesos hacia la integracion de los mercados; y, 4)los procesos de integracion financiera han sido heterogeneos en los mercados y en los ises. Se usan series representativas de los mercados financieros para el periodo de enero de 1995 a enero de 2019. Clasificacion JEL: F36; G15 Abstract We study the integration of the money, currency and stock markets of the NAFTA region. The study uses unit-root and endogenous structural change tests and dynamic correlations.The results show that: 1) The financial integration processes have been unstable in the region;2) all the markets experienced structural changes; 3) there are not necessarily processes toward the integration of the markets; and, 4) financial integration processes have been heterogeneous among the markets and the countries. We use monthly series representative of the financial markets for the period from January 1995 to January 2019. JEL Classification: F36; G15","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130502320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}