Restricción financiera y crecimiento económico en México

Artikel

The aim of this paper is to examine the impact of financial development on economic growth. The contribution of both capital and credit market movements on the dynamics of Mexico's gross domestic product (GDP) over the period 1996-2017 is empirically tested using an Autoregressive Distributive Lag model. The main findings show that the deepening of the financial system generates bivalent effects on the evolution of GDP. The evidence also suggests an inverse relationship with bank intermediation and a positive one with stock market capitalization.

Object Details

• Language: Spanisch

References and Relationships

• Bibliographic citation: Journal: Investigación Económica ; ISSN: 2594-2360 ; Volume: 78 ; Year: 2019 ; Issue: 309 ; Pages: 27-57 ; Ciudad de México: Universidad Nacional Autónoma de México (UNAM), Faculdad de Economía

Classification and Topics

• Classification: Wirtschaft ; Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence ; General Financial Markets: General (includes Measurement and Data)
• Subject: Financial development ; economic growth ; Autoregressive Distributive Lag model

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Landa Díaz, Heri Oscar
• Event: Veröffentlichung
• (who): Universidad Nacional Autónoma de México (UNAM), Faculdad de Economía
• (where): Ciudad de México
• (when): 2019

Further information

• DOI: doi:10.22201/fe.01851667p.2019.309.70118
• Handle: http://hdl.handle.net/10419/217357
• Last update: 10.03.2025, 11:43 AM CET