Resumen

VERGARA GONZALEZ, Reyna; TORRES-PRECIADO, Víctor Hugo  y  DIAZ CARRENO, Miguel Ángel. Regional heterogeneity and monetary policy in México, 2000-2019. Econ. soc. territ [online]. 2024, vol.24, n.75, e1861.  Epub 18-Feb-2025. ISSN 2448-6183.  https://doi.org/10.22136/est20241861.

Assessment of effects of monetary policy on economic activity has focused on the national level, without considering effects at regional level. The aim of this paper was to estimate the effects that an unanticipated increase in interest rate would have on regional production in México from 2000-2019. For this purpose, we used a panel structural vector autoregressive model (SVAR). The results suggest a negative and differentiated effect on regional production. This effect appears from the second trimester, after the increase in interest rate.

Palabras llave : monetary policy; economic activity; SVAR panel.

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