Abstract

GODINEZ-MONTOYA, Lucila; FIGUEROA-HERNANDEZ, Esther  and  PEREZ-SOTO, Francisco. Model of simultaneous equations of the production and export of light automobiles of Mexico (1999-2018). Cuad. Econ. [online]. 2020, vol.39, n.81, pp.975-999. ISSN 0121-4772.  https://doi.org/10.15446/cuad.econ.v39n81.75450.

The present investigation analysed the high degree of integration of the automotive industry of Mexico with the American economy, given that about 73,0 % of the total exports of manufactured vehicles are directed to this country. The objective was to analyse the influence of some macroeconomic variables on the production of light cars in Mexico and their exportation to the United States, for which a model of simultaneous equations was formulated. It was concluded that both automobile production and exports were highly significant, which shows the high interrelation between these variables.

JEL: B23; C01; C3; F15; F40.

Keywords : Production of light automobiles; export of light automobiles; simultaneous equations; macroeconomic variables.

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