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dc.contributor.author	MEJIA REYES, PABLO	es
dc.contributor.author	DIAZ CARREÑO, MIGUEL ANGEL	es
dc.creator	MEJIA REYES, PABLO; 25192
dc.creator	DIAZ CARREÑO, MIGUEL ANGEL; 200920
dc.date.accessioned	2016-03-16T17:19:25Z
dc.date.available	2016-03-16T17:19:25Z
dc.date.issued	2015
dc.identifier	http://www.redalyc.org/articulo.oa?id=125042597002
dc.identifier.uri	http://hdl.handle.net/20.500.11799/40026
dc.description	This paper investigates the effects of a battery of variables on total and sector output drops in the Mexican states during the Great Recession by estimating spatial and cross-section regression models. Our main results can be summarized as follows. First, there is evidence of spatial autocorrelation only in the case of total production and it seems to be negative, which does not support the hypothesis of in - terstate transmission of the recession. Second, total and sector production falls can be explained by the specialization in the production of tradable (mainly durable) goods. Third, exposure to external shocks plays an important role in the cases of industrial and services production, but not in total output. Fourth, there seems to be that federal fiscal policy has actually been pro-cyclical while state fiscal policies have contributed to mitigate the recession.
dc.format	application/pdf
dc.language.iso	eng	es
dc.publisher	Universidad de Guadalajara	es
dc.relation	http://www.redalyc.org/revista.oa?id=1250
dc.rights	openAccess	es
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0
dc.source	EconoQuantum (México) Num.2 Vol.12
dc.subject	Economía y Finanzas	es
dc.subject	Regional Business Cycles	es
dc.subject	Great Recession	es
dc.subject	Spatial Regression	es
dc.subject.classification	CIENCIAS SOCIALES
dc.title	Effects of the Great Recession on state output in Mexico	es
dc.type	Artículo	es
dc.provenance	Científica	es
dc.road	Dorada	es
dc.ambito	Internacional	es
dc.audience	students
dc.audience	researchers
dc.type.conacyt	article
dc.identificator	5

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