Borderplex Panel Evidence on Restaurant Price and Exchange Rate Dynamics PDF Download
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Author: Thomas M. Fullerton
Publisher:
ISBN:
Category : Ciudad Juárez (Mexico)
Languages : en
Pages : 28
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Book Description
Author: Thomas M. Fullerton
Publisher:
ISBN:
Category : Ciudad Juárez (Mexico)
Languages : en
Pages : 28
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Book Description
Author: Yong Bao
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
A convergence approach is utilized to examine deviations from the law of one price. Sample data are menu prices for eight identical products sold by international restaurant franchises in Mexico and the United States. The results suggest mean reverting behaviour in real exchange rate movements in response to recent information.
Author:
Publisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 38
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Author: Thomas M. Fullerton
Publisher:
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 36
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Author: Thomas M. Fullerton
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 32
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Book Description
Author: Adam Gregory Walke
Publisher:
ISBN:
Category : Border security
Languages : en
Pages : 32
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Book Description
Author: Thomas M. Fullerton
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 34
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Author: Thomas M. Fullerton (Jr.)
Publisher:
ISBN:
Category : Drug traffic
Languages : en
Pages : 32
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Book Description
"Exchange rate fluctuations and international business cycles may acutely affect retail sales in border regions where residents have the option of shopping in the neighboring country. This study examines the determinants of retail sales in six cities located along Mexico's northern border. Retail activity in these cities is found to increase in tandem with real depreciations of the peso, lower unemployment rates in neighboring US countries, and increased border crossings. Taken together, these results suggest that cross-border shopping contributes to retail activity in the northern border region of Mexico. The opportunities for cross-border shopping may also condition the impact of violent crime on border-region retail sales. In recent years northern Mexico has been deeply affected by a crime wave associated with competition among drug cartels. Homicides related to organized crime are found to have a statistically significant negative impact on retail sales. A surge in crime levels may stifle retail activity in affected areas as extortion and attacks force some stores to close or reduce operating schedules at the same time that some potential customers elect to shop in relatively safer districts across the international divide."--Page 4.
Author: Thomas M. Fullerton
Publisher:
ISBN:
Category : Drugs
Languages : en
Pages : 28
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Book Description
Author: Thomas M. Fullerton
Publisher:
ISBN:
Category : Mexican-American Border Region
Languages : en
Pages : 238
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Book Description
