Financial deregulation, financial system development and economic growth in Mexico: Long-term effects and causation

Authors

  • Francisco Venegas Martínez Instituto Politécnico Nacional
  • Miguel Ángel Tinoco Zermeño Universidad de Colima
  • Víctor Hugo Torres Preciado Universidad de Colima

DOI:

https://doi.org/10.24201/ee.v24i2.123

Keywords:

liberalization, financial development, growth, Mexico

Abstract

Specialized literature states that a deregulated financial system has positive effects on long-term economic growth. The Mexican financial system has gone through two major phases: regulation until 1988 and soon after liberalization. In this framework, by using cointegration and causality tests the effects of financial repression and financial intermediation on economic growth are examined.

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Published

2009-07-01

How to Cite

Venegas Martínez, F., Tinoco Zermeño, M. Ángel, & Torres Preciado, V. H. (2009). Financial deregulation, financial system development and economic growth in Mexico: Long-term effects and causation. Estudios Económicos De El Colegio De México, 24(2), 249–283. https://doi.org/10.24201/ee.v24i2.123

Issue

48-vol. 24, no. 2, july-december, 2009

Section

Articles

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