IDEAS home Printed from https://ideas.repec.org/a/fpu/articu/200902.html
   My bibliography  Save this article

El impacto de las inversiones públicas sobre la inversión privada en México, 1925-2006

Author

Listed:
  • Fonseca Hernández, Felipe de Jesús

    () (Universidad de Guadalajara)

Abstract

Traditionally, the impact of public investment on private investment has been analyzed in an aggregated way, neglecting the impact of specific areas of public investment. In order to test the complementarity hypothesis for the Mexican economy during the 1925-2006 period, this study investigates the impact of different sectors of public investment on private investment. The results of dynamic autorregresive distributed lag relations (ADL), indicate a partial crowding out of public investments in communications and transports, and industrial promotion (through public enterprises) on private investment. On the other hand, public investment in agricultural, public administration, and social sector, result in a complementary effect over private investment.

Suggested Citation

  • Fonseca Hernández, Felipe de Jesús, 2009. "El impacto de las inversiones públicas sobre la inversión privada en México, 1925-2006," Finanzas Públicas, Centro de Estudios de las Finanzas Públicas, H. Cámara de Diputados, vol. 1(1), pages 49-78.
  • Handle: RePEc:fpu:articu:200902
    as

    Download full text from publisher

    File URL: http://www.finanzas-publicas.org/sites/default/files/Fonseca_1_1.pdf
    Download Restriction: no

    More about this item

    Keywords

    Públicas; Inversión Privada; Efectos Complementario y Desplazamiento;

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fpu:articu:200902. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marcelina Sánchez). General contact details of provider: http://edirc.repec.org/data/cefgvmx.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.