<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1665-952X</journal-id>
<journal-title><![CDATA[Economía UNAM]]></journal-title>
<abbrev-journal-title><![CDATA[Economía UNAM]]></abbrev-journal-title>
<issn>1665-952X</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Instituto de Investigaciones Económicas]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-952X2020000200053</article-id>
<article-id pub-id-type="doi">10.22201/fe.24488143e.2020.50.519</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Gasto público y crecimiento económico: Controversias teóricas y evidencia para México]]></article-title>
<article-title xml:lang="en"><![CDATA[Public Spending and Economic Growth: Theoretical Controversies and evidence for Mexico]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Salazar]]></surname>
<given-names><![CDATA[César Armando]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,UNAM Instituto de Investigaciones Económicas ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>08</month>
<year>2020</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>08</month>
<year>2020</year>
</pub-date>
<volume>17</volume>
<numero>50</numero>
<fpage>53</fpage>
<lpage>71</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-952X2020000200053&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-952X2020000200053&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-952X2020000200053&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En este artículo discutimos la influencia del gasto público sobre el crecimiento económico. Distinguimos entre canales teóricos de transmisión de los efectos del gasto gubernamental -total y por componentes de consumo e inversión- en el crecimiento económico de largo plazo. Desde la perspectiva del pensamiento económico convencional, el gasto público sólo podrá tener efectos en el crecimiento económico de largo plazo cuando éste influya positivamente sobre la productividad de los factores. Por otra parte, desde el enfoque heterodoxo, el estímulo hacia la demanda que provee el gasto público es fundamental para mantener y estimular la dinámica económica en el largo plazo. Posterior a ese análisis, elaboramos un modelo de cointegración y mecanismo de corrección de error para la economía mexicana, con datos trimestrales en el periodo 1995-2018. Los resultados del modelo muestran que el gasto público total, y por componentes, tienen un impacto positivo y significativo sobre el crecimiento económico en el corto y el largo plazos; no obstante, los coeficientes son pequeños. Finalmente, en nuestro análisis de resultados, argumentamos que el tamaño de los coeficientes es resultado de un nivel de gasto público por debajo del nivel requerido para el tamaño y nivel de desarrollo de la economía mexicana, y que esto, a su vez, está determinado en gran medida por los insuficientes ingresos tributarios que se recaudan en el país.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This article analyzes the influence of public spending on economic growth. We distinguish between the different theoretical transmission&#8217;s channels of the effects of government spending -total and by components, consumption and investment- on long-term economic growth. From mainstream economic thought, public spending has effects on long-term economic growth when it positively influences productivity. On the other hand, from the heterodox approach, the stimulus towards the demand provided by public spending is essential to maintain long-term economic dynamics. After this analysis, we estimate a cointegration model and error correction mechanism for the Mexican economy, with quarterly data in the period 1995-2018. The results of the model show that total public spending, and by components, have a positive and significant impact on economic growth in the short and long terms. However, the coefficients are small. Finally, in our analysis of results, we argue that the size of the coefficients is the result of a level of public spending below the level required for the size and level of development of the Mexican economy, and that this, in turn, is determined due to insufficient tax revenues.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[H]]></kwd>
<kwd lng="es"><![CDATA[O12]]></kwd>
<kwd lng="es"><![CDATA[O47]]></kwd>
<kwd lng="es"><![CDATA[R42]]></kwd>
<kwd lng="es"><![CDATA[Economía del sector público]]></kwd>
<kwd lng="es"><![CDATA[Análisis microeconómico del desarrollo]]></kwd>
<kwd lng="es"><![CDATA[Medición del crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[Análisis de las inversiones públicas y privadas]]></kwd>
<kwd lng="en"><![CDATA[H]]></kwd>
<kwd lng="en"><![CDATA[O12]]></kwd>
<kwd lng="en"><![CDATA[O47]]></kwd>
<kwd lng="en"><![CDATA[R42]]></kwd>
<kwd lng="en"><![CDATA[Public Economics]]></kwd>
<kwd lng="en"><![CDATA[Microeconomic Analysis of Economic Development]]></kwd>
<kwd lng="en"><![CDATA[Measurement of Economic Growth]]></kwd>
<kwd lng="en"><![CDATA[Government and Private Investment Analysis]]></kwd>
</kwd-group>
</article-meta>
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