The Political Cycle and the Mexican Economy-Edición Única

Hdl Handle:
http://hdl.handle.net/11285/572608
Title:
The Political Cycle and the Mexican Economy-Edición Única
Issue Date:
2006-12-01
Abstract:
The purpose of this dissertation is to measure the influence of the political cycle in the Mexican economy, both at the national and subnational levels. Under the general framework of the political business cycle theory, and one of its variants, the political budget cycle, the influence of political cycles on economic activity are analyzed, as well as on aggregate demand, public expenditures and the exchange rate, at the national level, and public expenditure at subnational (state) level. The methodologies used are autoregressive models with dummy variables in the national case and panel data analysis with dummy variables in the subnational case. The period of analysis goes form 1934 to the present, according to the availability of information. At national level, evidence of significant influence of the political cycle is found in the general economic activity, sectoral activity, aggregate demand, public expenditures and the real exchange rate. At a state level, there is a significant increase in public expenditures in election years, as well as an increase in public wages in the years following elections. In the final chapters of the dissertation, the comparison of the results with those obtained in former research is discussed , and, finally some conclusions and lines of research are identified
Keywords:
Political Business Cycle; Political Budget Cycle; Emerging Markets; Mexico
Degree Program:
Doctoral Program in Management
Advisors:
Dr. Alejandro Ibarra
Committee Member / Sinodal:
Dr. Pedro Villezca; Dr. Germán Otálora
Degree Level:
Doctor in Philosophy
School:
EGADE Business School
Campus Program:
Campus Monterrey
Discipline:
Negocios y Economía / Business & Economics
Appears in Collections:
Ciencias Sociales

Full metadata record

DC FieldValue Language
dc.contributor.advisorDr. Alejandro Ibarraen
dc.creatorGamez Garza, Cesareoen
dc.date.accessioned2015-08-17T11:36:25Zen
dc.date.available2015-08-17T11:36:25Zen
dc.date.issued2006-12-01-
dc.identifier.urihttp://hdl.handle.net/11285/572608en
dc.description.abstractThe purpose of this dissertation is to measure the influence of the political cycle in the Mexican economy, both at the national and subnational levels. Under the general framework of the political business cycle theory, and one of its variants, the political budget cycle, the influence of political cycles on economic activity are analyzed, as well as on aggregate demand, public expenditures and the exchange rate, at the national level, and public expenditure at subnational (state) level. The methodologies used are autoregressive models with dummy variables in the national case and panel data analysis with dummy variables in the subnational case. The period of analysis goes form 1934 to the present, according to the availability of information. At national level, evidence of significant influence of the political cycle is found in the general economic activity, sectoral activity, aggregate demand, public expenditures and the real exchange rate. At a state level, there is a significant increase in public expenditures in election years, as well as an increase in public wages in the years following elections. In the final chapters of the dissertation, the comparison of the results with those obtained in former research is discussed , and, finally some conclusions and lines of research are identifieden
dc.language.isoenen
dc.rightsOpen Accessen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.titleThe Political Cycle and the Mexican Economy-Edición Únicaen
dc.typeTesis de Doctoradoes
thesis.degree.grantorInstituto Tecnológico y de Estudios Superiores de Monterreyes
thesis.degree.levelDoctor in Philosophyen
dc.contributor.committeememberDr. Pedro Villezcaes
dc.contributor.committeememberDr. Germán Otáloraes
thesis.degree.disciplineEGADE Business Schoolen
thesis.degree.nameDoctoral Program in Managementen
dc.subject.keywordPolitical Business Cycleen
dc.subject.keywordPolitical Budget Cycleen
dc.subject.keywordEmerging Marketsen
dc.subject.keywordMexicoen
thesis.degree.programCampus Monterreyen
dc.subject.disciplineNegocios y Economía / Business & Economicsen
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