The Mexican Economy After The North American Free Trade Agreement
Journal Title: International Journal of Multidisciplinary and Innovative Research - Year 2025, Vol 2, Issue 01
Abstract
This paper is a macroeconomic analysis whose objective is to describe the performance of the Mexican economy through the results obtained by the North American Free Trade Agreement (NAFTA). The methodological approach is through ordinary least squares (OLS) to establish the degree of influence of different variables and their effects on the evolution of Mexico's GDP. Thirty years after the then NAFTA began, today the T-MEC, has different results. Trilateral trade was greatly increased, significantly increasing intraregional exports and imports; NAFTA led to the synchronization of economic cycles between the three economies and foreign direct investment grew dynamically with a large injection of capital. In contrast, the differences in terms of wages and GDP per capita have not only not narrowed but have even widened.
Authors and Affiliations
Jimmy Félix-Armenta,
Keywords
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- EP ID EP761936
- DOI 10.58806/ijmir.2025.v2i1n05
- Views 15
- Downloads 0
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