Resumo

LEVY ORLIK, Noemi  e  BUSTAMANTE TORRES, Jorge. Credit, investment and profits: An empirical analysis for the Mexican economy (2000-2014). Anál. econ. [online]. 2019, vol.34, n.87, pp.125-148.  Epub 13-Nov-2020. ISSN 2448-6655.

This paper analyses the causal relations between credit, production, investment and profits, under the Monetary Circuit Theory in order to show causality and impact between these variables. The main issues of discussion that this paper addresses are (i) what really bank credit finances? And, (ii) what is the role of profits in the influx-reflux model of the monetary circuit? The argument of this paper are that bank credits finances working capital and profit finances investment. This analysis is made in the context of the Mexican economy in the financialization period, between 2000 and 2014.

Palavras-chave : Monetary circuit; bank credit; finance; investment; profits.

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