Labor flexibility and regional unemployment in Mexico: a panel cointegration analysis

Eduardo Mendoza-Cota

Resumen


In order to corroborate the long-term effect of increasing temporary labor contract on the unemployment rate of the Mexican formal workers, a cointegration panel model was estimated. The results indicated the existence of panel cointegration of the series considered. They showed that causality goes from the unemployment rate and wages to the labor flexibility index. The estimations exhibited positive coefficients for the labor flexibility variable. It can be concluded that the evidence provided by the estimation ofthe model suggests that increasing labor flexibility increases the unemploymentrate but temporary labor contracts have had negative effects on that rate.


Palabras clave


labor market, unemployment, wages, labor flexibility, cointegration panel.

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DOI: http://dx.doi.org/10.22136/est000689

Referencias


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Economía, Sociedad y Territorio, Vol. XVII, núm. 53, enero-abril de 2017, es una publicación cuatrimestral editada por El Colegio Mexiquense A.C. Exhacienda Santa Cruz de los Patos, s/n, col. Cerro del Murciélago, Zinacantepec, C.P. 51350, México, tel. (722) 279 99 08 ext. 183, http://est.cmq.edu.mx/index.php/est/index, est@cmq.edu.mx Editora responsable: Verónica Vega Rocha. Reservas de derechos al uso exclusivo núm. 04-2016-042513474700-203 ISSN electrónico 2448-6183. Responsable de la última actualización de este número: Verónica Vega Rocha, fecha de última modificación: 1 de septiembre de 2016.

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