DELGADO LÓPEZ, MARÍA DEL CARMEN, FONSECA ZENDEJAS, ALEJANDRO STEVEN
No
Struct. Change Econ. Dyn.
Article
Científica
5
1.344
01/03/2023
000920219300001
2-s2.0-85146020187
In this paper, we investigate the sectoral interrelation of the Mexican economy addressed by a nonparametric mechanism known as phase synchronization that emphasizes in the business cycles comovements between oscillating systems (productive activities), which tend to synchronize their fluctuations. The sectors considered for this application were selected through their input?output linkages captured through a social accounting matrix. The results suggest that production sectors with higher intersectoral linkages demonstrate synchronization. Among all productive sectors, the manufacturing industry is the sector that presents greater synchronization with the rest of the productive activities. © 2022 Elsevier B.V.
Comovement; Cycles; Linkages; Phase synchronization; Social accounting matrix