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,...

Studies in economic growth have focused on the convergence hypothesis for regions, territories and groups of countries. The main idea is that on the long run, the poorer regions would catch up to the richer in terms of Gross Domestic Product Per Capita. This paper analyses the economic...

The relationship between exports and economic growth has been widely discussed in the literature, although there is currently no clear consensus on the subject. This article evaluates the hypothesis that the exportdiversification is linked to economic growth through externalities of the type...

This paper analyzes the effect that government expenditure on health has on economicgrowth by estimating the elasticity of substitution for a CES production function in the Spanish economy during the period 1985-2003. Our results show that the higher the efforts of public administrations in...

Authoritarian Monarchies in the Early Modern period have been considered as a keystone of the outset of the market economy in Europe. However, as a result of their own need of coexistence with other power institutions, it has to be taken into account that those monarchies implied the survival of...

The assessment on the relevance of public spending on economic growth has deserved an important attention in the economic literature. However its empirical approach by testing the effects by an aggregate production function may mislead the results since the composition of public expenditure,...

<b>RESUMEN</b><br> <br> En este trabajo se estudia la relación entre crecimiento económico y capital público. El objetivo principal es analizar si las dotaciones de capital público en España y Andalucía favorecen el crecimiento de la productividad del sector privado en el territorio nacional y andaluz y...

This paper analyzes the economic growth of the departments of Colombiain the period 1975-2000 and in the subperiods 1975-1990 and 1990-2000,emphasizing the impact of the estructure of production on observedperformance. For this purpose, various specifications of the Shift-Sharemethodology are...

The economic slowdown experienced in Colombia since 1980 is explained by the structural stagnation of the national economy and the escalation of violence associated with the expansion of drug trafficking. The available data do not reject this hypothesis. The article sustains that...