Sustainable management and determinants of the debt rate in the federal entities of Mexico

The essay tries to identify the importance of the factors that determine the growth of the indebtedness rate of the 32 states of Mexico. Likewise, it is proposed to measure an indicator of the primary balance and another of the sustainable primary balance of state public finances. Likewise, the tech...

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Detalles Bibliográficos
Autores: Ramírez Rodríguez, Roberto, Erquizio Espinal, Alfredo
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:México
Institución:UNIVERSIDAD DE SONORA
Repositorio:Vértice Universitario
Idioma:español
OAI Identifier:oai:oai.revistavertice.unison.mx:article/27
Acceso en línea:https://revistavertice.unison.mx/index.php/rvu/article/view/27
Access Level:acceso abierto
Palabra clave:Déficit y Superávit
Deuda y Gestión de la deuda
Previsiones presupuestarias, déficit y deuda
Deficit and Surplus
Debt and Debt Management
Budget forecasts Deficit and Debt
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spelling Sustainable management and determinants of the debt rate in the federal entities of MexicoManejo sostenible y determinantes de la tasa de endeudamiento en las entidades federativas de MéxicoRamírez Rodríguez, RobertoErquizio Espinal, AlfredoDéficit y SuperávitDeuda y Gestión de la deudaPrevisiones presupuestarias, déficit y deudaDeficit and SurplusDebt and Debt ManagementBudget forecasts Deficit and DebtThe essay tries to identify the importance of the factors that determine the growth of the indebtedness rate of the 32 states of Mexico. Likewise, it is proposed to measure an indicator of the primary balance and another of the sustainable primary balance of state public finances. Likewise, the technique of measuring the primary deficit and the sustainable primary deficit of state public finances is developed based on the formula of the government’s budget restriction. Given the lack of opportunity to publish the results of the primary balance of the states, an indirect measurement of the primary balance and the sustainable primary balance is made, and the results are discussed in light of the recent situation of the slowdown and subsequent deepening recession for the COVID-19 pandemic. Recommendations for the sustainable management of state public finances are also proposed. Based on the indicators proposed to measure the primary balance and the sustainable primary balance, it can be seen that there is a trend towards the loss of financial room for maneuver by the states due to the unsustainable management of public finances. This problem has worsened with the prolongation of the recession due to the stoppage of activities and confinement, leading to higher levels of public debt.El ensayo trata de identificar la importancia de los factores que determinan el crecimiento de la tasa de endeudamiento de las 32 entidades federativas de México. Asimismo, se propone la medición de un indicador de balance primario y otro de balance primario sostenible de las finanzas públicas estatales. Asimismo, se desarrolla la técnica de medición del déficit primario y del déficit primario sostenible de las finanzas públicas estatales a partir de la fórmula de la restricción presupuestaria del gobierno. Ante la falta de oportunidad en la publicación de resultados del balance primario de las entidades federativas, se realiza una medición indirecta del balance primario y del balance primario sostenible y se discuten los resultados a la luz de la coyuntura reciente de la desaceleración y posterior recesión profundizada por la pandemia del COVID-19. También se proponen recomendaciones para el manejo sostenible de las finanzas públicas estatales. En base a los indicadores propuestos para medir el balance primario y el balance primario sostenible, se puede advertir como hay una tendencia hacia la pérdida de márgenes de maniobra financieros por parte de las entidades federativas, debido al manejo no sostenible de las finanzas públicas. Este problema se ha agudizado con la prolongación de la recesión por la paralización de actividades y el confinamiento, llevando a mayores niveles de endeudamiento público.Universidad de Sonora2021-01-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/xmlhttps://revistavertice.unison.mx/index.php/rvu/article/view/2710.36792/rvu.vi89.27Revista Vértice Universitario ; Volume 23, Number 89 (January-March) 2021Revista Vértice Universitario ; Volumen 23, Número 89 (Enero-Marzo) 20212683-2623reponame:Vértice Universitarioinstname:UNIVERSIDAD DE SONORAinstacron:UNISONspahttps://revistavertice.unison.mx/index.php/rvu/article/view/27/27https://revistavertice.unison.mx/index.php/rvu/article/view/27/65Derechos de autor 2021 https://creativecommons.org/licenses/by-sa/4.0info:eu-repo/semantics/openAccessoai:oai.revistavertice.unison.mx:article/272024-08-19T22:23:18Z
dc.title.none.fl_str_mv Sustainable management and determinants of the debt rate in the federal entities of Mexico
Manejo sostenible y determinantes de la tasa de endeudamiento en las entidades federativas de México
title Sustainable management and determinants of the debt rate in the federal entities of Mexico
spellingShingle Sustainable management and determinants of the debt rate in the federal entities of Mexico
Ramírez Rodríguez, Roberto
Déficit y Superávit
Deuda y Gestión de la deuda
Previsiones presupuestarias, déficit y deuda
Deficit and Surplus
Debt and Debt Management
Budget forecasts Deficit and Debt
title_short Sustainable management and determinants of the debt rate in the federal entities of Mexico
title_full Sustainable management and determinants of the debt rate in the federal entities of Mexico
title_fullStr Sustainable management and determinants of the debt rate in the federal entities of Mexico
title_full_unstemmed Sustainable management and determinants of the debt rate in the federal entities of Mexico
title_sort Sustainable management and determinants of the debt rate in the federal entities of Mexico
dc.creator.none.fl_str_mv Ramírez Rodríguez, Roberto
Erquizio Espinal, Alfredo
author Ramírez Rodríguez, Roberto
author_facet Ramírez Rodríguez, Roberto
Erquizio Espinal, Alfredo
author_role author
author2 Erquizio Espinal, Alfredo
author2_role author
dc.subject.none.fl_str_mv Déficit y Superávit
Deuda y Gestión de la deuda
Previsiones presupuestarias, déficit y deuda
Deficit and Surplus
Debt and Debt Management
Budget forecasts Deficit and Debt
topic Déficit y Superávit
Deuda y Gestión de la deuda
Previsiones presupuestarias, déficit y deuda
Deficit and Surplus
Debt and Debt Management
Budget forecasts Deficit and Debt
description The essay tries to identify the importance of the factors that determine the growth of the indebtedness rate of the 32 states of Mexico. Likewise, it is proposed to measure an indicator of the primary balance and another of the sustainable primary balance of state public finances. Likewise, the technique of measuring the primary deficit and the sustainable primary deficit of state public finances is developed based on the formula of the government’s budget restriction. Given the lack of opportunity to publish the results of the primary balance of the states, an indirect measurement of the primary balance and the sustainable primary balance is made, and the results are discussed in light of the recent situation of the slowdown and subsequent deepening recession for the COVID-19 pandemic. Recommendations for the sustainable management of state public finances are also proposed. Based on the indicators proposed to measure the primary balance and the sustainable primary balance, it can be seen that there is a trend towards the loss of financial room for maneuver by the states due to the unsustainable management of public finances. This problem has worsened with the prolongation of the recession due to the stoppage of activities and confinement, leading to higher levels of public debt.
publishDate 2021
dc.date.none.fl_str_mv 2021-01-01
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistavertice.unison.mx/index.php/rvu/article/view/27
10.36792/rvu.vi89.27
url https://revistavertice.unison.mx/index.php/rvu/article/view/27
identifier_str_mv 10.36792/rvu.vi89.27
dc.language.none.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://revistavertice.unison.mx/index.php/rvu/article/view/27/27
https://revistavertice.unison.mx/index.php/rvu/article/view/27/65
dc.rights.none.fl_str_mv Derechos de autor 2021
https://creativecommons.org/licenses/by-sa/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Derechos de autor 2021
https://creativecommons.org/licenses/by-sa/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
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dc.publisher.none.fl_str_mv Universidad de Sonora
publisher.none.fl_str_mv Universidad de Sonora
dc.source.none.fl_str_mv Revista Vértice Universitario ; Volume 23, Number 89 (January-March) 2021
Revista Vértice Universitario ; Volumen 23, Número 89 (Enero-Marzo) 2021
2683-2623
reponame:Vértice Universitario
instname:UNIVERSIDAD DE SONORA
instacron:UNISON
instname_str UNIVERSIDAD DE SONORA
instacron_str UNISON
institution UNISON
reponame_str Vértice Universitario
collection Vértice Universitario
repository.name.fl_str_mv
repository.mail.fl_str_mv
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