Arbeitspapier
Crédito bancario al sector privado y crecimiento económico en México: Un análisis con datos panel por entidad federativa 2005-2018
The paper investigates the effect of banking credit to private agriculture, industrial and services sectors, on per capita GDP growth in Mexico using panel data at the state level for the period 2005-2018. The estimation controls for variables related to infrastructure, public expenditure, exports, inflation, human capital, a dummy for the 2008-2009 global financial crisis, and introduces a lag of the dependent variable in order to consider its likely persistence. Using the Generalized Method of Moments in order to control for possible endogenous effects among the variables, it is estimated that a 10% increase in the ratio of banking credit to GDP increases per capita GDP growth at the state level between 0.61 and 0.81 percentage points. These results underline the relevance of policy measures designed to promote a healthy functioning of the financial system in Mexico.
- Sprache
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Spanisch
- Erschienen in
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Series: Working Papers ; No. 2020-17
- Klassifikation
-
Wirtschaft
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
General Regional Economics: Econometric and Input-Output Models; Other Models
- Thema
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Banking Credit
Economic Growth
Regional Analysis
Mexico
- Ereignis
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Geistige Schöpfung
- (wer)
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Torre Cepeda, Leonardo Egidio
Flores Segovia, Miguel A.
- Ereignis
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Veröffentlichung
- (wer)
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Banco de México
- (wo)
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Ciudad de México
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:47 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Torre Cepeda, Leonardo Egidio
- Flores Segovia, Miguel A.
- Banco de México
Entstanden
- 2020