Abstract

LIU, Xuedong  and  COVARRUBIAS, Gerardo. Dynamic convergence of trade exchanges between China and Mexico, 1993-2019. Prob. Des [online]. 2021, vol.52, n.206, pp.169-196.  Epub Dec 06, 2021. ISSN 0301-7036.  https://doi.org/10.22201/iiec.20078951e.2021.206.69779.

This article examines the dynamic stability of the stochastic process, using the trade exchanges between Mexico and China during the period 1993-2019. The methodology consists of applying stationarity tests and estimating an autoregressive model in both annual and monthly figures. Despite persistent fluctuations registered in the series of the analysis, the variance presents a significant reduction across the study period, while the solutions to the resulting equations confirm that the trade flows between the two countries converge to a stability level of 17.5, measured using the ratio between Mexican imports and exports with China.

Keywords : trade flows; variance; unit root; convergence; dynamic stability.

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