Efecto del gasto público sobre el gasto privado en México
Traditionally, the analysis of the impact of public expenditure on private expenditure has been performed via graphical evaluations and simple econometric exercises. In this document we present a detailed econometric analysis of the relationship between said variables. In particular, we evaluate the existence of a crowding out effect of public consumption and investment on private consumption and investment for the period 1980:I - 2002:II. The econometric results indicate that public investment crowds out private investment in the short-run but complements it in the long-run. In the case of private consumption we find statistically significant evidence of crowding out during the period of analysis.
Year of publication: |
2005
|
---|---|
Authors: | Ponce, Ramón A. Castillo ; Hernández, Jorge Herrera |
Published in: |
Estudios Económicos. - Centro de Estudios Económicos. - Vol. 20.2005, 2, p. 173-196
|
Publisher: |
Centro de Estudios Económicos |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Sincronización del empleo manufacturero en México y Estados Unidos
Pastrana, Edna Fragoso, (2008)
-
Trends and cycles: How important are long- and short-run restictions? The case of Mexico
Hernández, Jorge Herrera, (2003)
-
Business Cycles in Mexico and the United States : Do They Share Common Movements?
Hernández, Jorge Herrera, (2005)
- More ...