Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/240706 
Erscheinungsjahr: 
2020
Schriftenreihe/Nr.: 
Working Papers No. 2020-17
Verlag: 
Banco de México, Ciudad de México
Zusammenfassung (übersetzt): 
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.
Schlagwörter: 
Banking Credit
Economic Growth
Regional Analysis
Mexico
JEL: 
O47
G21
R11
R15
Dokumentart: 
Working Paper
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