Resumen

CERECEDO HERNANDEZ, Daniel  y  GAXIOLA LASO, Selene Rocío. Volatility and Investment Selection in an Economic Growth Model. The Anáhuac j. [online]. 2024, vol.24, n.2, 2202.  Epub 26-Nov-2024. ISSN 2683-2690.  https://doi.org/10.36105/theanahuacjour.2024v24n2.2202.

Macroeconomic volatility can affect long-term growth through its effects on aggregate savings and investment. In this article, an economic growth model is developed in which industries, based on macroeconomic volatility and credit restrictions in the financial sector, are able to divide their wealth into short-term investment versus long-term investment, which contributes more to productivity growth. The model is empirically evaluated for Mexico using a dynamic partialadjustment econometric model.

Palabras llave : Volatility; Investment; Credit.

        · resumen en Español     · texto en Español     · Español ( pdf )