Determinantes de la Profundad Financiera en México: Un Enfoque de Datos De Panel Dinámico
DOI:
https://doi.org/10.46661/revmetodoscuanteconempresa.2761Keywords:
Financial deepening, factor affecting financial deepening, econometric modeling, Mexico., profundad financiera, factores que afecta la profundización financiera, modelación econométricaAbstract
Este trabajo tiene como objetivo estudiar los determinantes de la profundad financiera (PF) en México. La PF se mide como el crédito total asignado al sector privado como proporción del PBI. Las variables explicativas incluyen: cumplimiento de contratos (estado de derecho) e instituciones; regulación bancaria; competencia bancaria; trabajo formal; y educación financiera, entre otros. Los datos contienen información de cada Estado de la República Mexicana. La estimación del modelo se realiza mediante el uso de mínimos cuadrados (MCO), mínimos cuadrados robustos (MCO) con varias funciones de ponderación (para tratar con valores atípicos) y un modelo de panel dinámico (MDP) estimado con el método generalizado de momentos (MGM). Los principales hallazgos son que: 1) el estado de derecho, 2) el ahorro financiero, y 3) la educación financiera son los principales factores determinantes de la profundización financiera en México.
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