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Financial Dependence Of Federal Transfers In The Municipalities Of Mexico, Dependencia Financiera De Las Transferencias Federales En Los Municipios De Mexico

Author

Listed:
  • Luis Enrique Bueno Cevada
  • Martha Fabiola Netzahualt Mendez
  • Karla Fabiola Sanchez Gomez

Abstract

The aim of this research is to analyze the relationship between financial dependence of municipalities, their degree of marginalization and debt. Through three indicators (own revenue, dependency and debt) and according to the degree of marginalization, the results show that the level of dependence increases for all municipalities in the study period, especially in the municipalities of very high marginalization however, in municipalities with lower degree of marginalization also increase the proportion of external financing

Suggested Citation

  • Luis Enrique Bueno Cevada & Martha Fabiola Netzahualt Mendez & Karla Fabiola Sanchez Gomez, 2017. "Financial Dependence Of Federal Transfers In The Municipalities Of Mexico, Dependencia Financiera De Las Transferencias Federales En Los Municipios De Mexico," Revista Global de Negocios, The Institute for Business and Finance Research, vol. 5(4), pages 13-25.
    • Handle: RePEc:ibf:rgnego:v:5:y:2017:i:4:p:13-25
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    More about this item

    Keywords

    Municipalities; Financial Dependence; Public Debt; Marginalization;
    All these keywords.

    JEL classification:

    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

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