This work analyzes the process of convergence of the per capita incomes of Mexico and the USA from 1954 to 2008. It was …-1982. It is then analyzed the process of convergence to see if the variables are co-integrated and to verify the stability of …, from 1954 to 1982, and the second, from 1992 to 2008. During the period 1954-1982, a process of absolute convergence …

Although it is well known that Markov process theory, frequently applied in the literature on income convergence …

Although it is well known that Markov process theory, frequently applied in the literature on income convergence …