<?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>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462023000400004</article-id>
<article-id pub-id-type="doi">10.21919/remef.v18i4.745</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Remittances and the Size and Composition of Government Spending]]></article-title>
<article-title xml:lang="es"><![CDATA[Remesas y el Tamaño y Composición del Gasto del Gobierno]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ponce Rodríguez]]></surname>
<given-names><![CDATA[Raúl Alberto]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ponce Rodríguez]]></surname>
<given-names><![CDATA[Benito Alán]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma de Ciudad Juárez  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2023</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2023</year>
</pub-date>
<volume>18</volume>
<numero>4</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462023000400004&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462023000400004&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462023000400004&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract Objective. We study the effect of remittances on the size and composition of public spending. Methodology. An optimization technique is used to develop a dynamic theoretical model and a simulation analysis. Results. It is demonstrated that remittances have a positive income effect on public goods, but a negative income effect and a price effect on social transfers, which explains why public goods increase, but social transfers can increase or fall due to changes in the remittances. Recommendations. The model makes recommendations for public policy design by characterizing the optimal level of public spending. Limitations. It is desirable to extend our analysis to consider electoral incentives and thus provide different explanations of how remittances might affect public spending. Originality. To the best of our knowledge, this is the first document that develops a theory to explain the effect of remittances on the size and composition of public spending. Conclusions. Remittances have a differentiated effect on public goods and social transfers depending on the income and price effects that affect the composition of public spending.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Objetivo. Estudiar el efecto de las remesas en el tamaño y composición del gasto público. Metodología. Se utiliza la técnica de optimización para desarrollar un modelo teórico-dinámico y un análisis de simulación. Resultados. Se muestra que las remesas tienen un efecto ingreso positivo en los bienes públicos, pero en un efecto ingreso negativo y un efecto precio en las transferencias sociales lo que explica por qué los bienes públicos aumentan, pero las transferencias sociales pueden aumentar o caer por cambios en las remesas. Recomendaciones. El modelo hace recomendaciones de diseño de política pública al caracterizar el nivel de gasto público óptimo. Limitaciones. Es deseable extender nuestro análisis para considerar los incentivos electorales y así proporcionar diferentes explicaciones de cómo las remesas afectan el gasto público. Originalidad. Hasta donde sabemos, este es el primer documento que busca explicar el efecto de las remesas en el tamaño y composición del gasto público. Conclusiones. Las remesas tienen un efecto diferenciado en bienes públicos y transferencias sociales dependiendo de los efectos ingreso y precios que afectan la composición del gasto público.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[F24]]></kwd>
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<kwd lng="en"><![CDATA[H55]]></kwd>
<kwd lng="en"><![CDATA[H41]]></kwd>
<kwd lng="en"><![CDATA[H21]]></kwd>
<kwd lng="en"><![CDATA[Remittances]]></kwd>
<kwd lng="en"><![CDATA[government spending]]></kwd>
<kwd lng="en"><![CDATA[social security transfers]]></kwd>
<kwd lng="en"><![CDATA[public goods]]></kwd>
<kwd lng="en"><![CDATA[taxation]]></kwd>
<kwd lng="es"><![CDATA[F24]]></kwd>
<kwd lng="es"><![CDATA[H1]]></kwd>
<kwd lng="es"><![CDATA[H55]]></kwd>
<kwd lng="es"><![CDATA[H41]]></kwd>
<kwd lng="es"><![CDATA[H21]]></kwd>
<kwd lng="es"><![CDATA[remesas]]></kwd>
<kwd lng="es"><![CDATA[gasto público]]></kwd>
<kwd lng="es"><![CDATA[transferencias de seguridad social]]></kwd>
<kwd lng="es"><![CDATA[bienes públicos]]></kwd>
<kwd lng="es"><![CDATA[tributación]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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