In macroeconomic terms, Mexico’s total exported goods represent 18.1% of its overall Gross Domestic Product for 2023 ($3.276 trillion valued in Purchasing Power Parity US dollars). That 18.1% for exports to overall GDP per PPP in 2023 compares to 25.2% for 2022. Those percentages suggest a ...
Purchasing Power Parity (PPPAggregation biasMexicoThis paper investigates long-run Purchasing Power Parity (PPP) between the US and Mexico. We use a panel of disaggregated price data between the US and Mexico with a long time series to look at two types of aggregation bias. The first is ...
http://wenders.people.ua.edu/time-series-methods.html, 2008) is applied to long-span, high-frequency data to test for purchasing power parity in the Mexico–US real exchange rate. Overall the empirical results suggest that purchasing power parity (PPP) holds for the study period. The ...
http://wenders.people.ua.edu/time-series-methods.html, 2008) is applied to long-span, high-frequency data to test for purchasing power parity in the Mexico–US real exchange rate. Overall the empirical results suggest that purchasing power parity (PPP) holds for the study period. The ...
2000 to 2023 Special properties Constant prices using 2022 as base year; Adjusted for Purchasing Power Parity (PPP) Supplementary notes The source does not provide an exact publication date. The date given is the date of access. Figures have been rounded. Open this statistic in... Spanish ...
This paper investigates long-run Purchasing Power Parity (PPP) between the US and Mexico. We use a panel of disaggregated price data between the US and Mexico with a long time series to look at two types of aggregation bias. The first is examined in Imbs et al. -- which we refer to...
(Cointegration tests using instrumental variables with an example of the U.K. demand for money. Unpublished working paper. http://wenders.people.ua.edu/time-series-methods.html , 2008) is applied to long-span, high-frequency data to test for purchasing power parity in the Mexico–US real ...
OECD member countries are among the most highly developed and wealthiest countries on the planet. Though OECD members represent only 18% of the world’s population, they account for 55% of global Gross Domestic Product (GDP), measured on a Purchasing Power Parity (PPP) basis. Among OECD membe...
According to the International Monetary Fund, the country is the 15th largest country by nominal GDP and the 11th largest country by purchasing power parity. In terms of cryptocurrency, in March 2018, the Mexican government presented its draft legislation which describes Bitcoin as a digital asset ...
Purchasing Power Parity (PPP)Weak-form PPPStrong-form PPPCointegrationMexicoa b s t r a c tThis study examines the long-run relationship between US and Mexican prices. We usepanel cointegration techniques that allow for heterogeneous relationships across goodsto examine the existence of weak-form ...