No. 53 (2020)
Artículos

Entorno fiscal federal y eficiencia de los gobiernos locales en México: el impacto de la crisis de 2008

Alfonso Mendoza-Velázquez
Centro de Investigación e Inteligencia Económica CIIE-UPAEP
Bio
Mónica Rubio García
Universidad Popular Autónoma del Estado de Puebla
Published July 31, 2020

Abstract

Los modelos de Segunda Generación de Federalismo Fiscal consideran los efectos de equidad (equity) y eficiencia de las transferencias federales en sistemas fiscales descentralizados (Oates, 2005), así como los incentivos de los gobiernos locales para generar prosperidad en las regiones a partir de inversión pública (Weingast, 2009). Las transferencias pueden afectar negativamente el desempeño de las administraciones públicas al promover gastos desvinculados a sus ingresos propios. A partir de medidas de productividad extraídas de un índice de Malmquist este trabajo investiga la relación que guarda el entorno fiscal federal con la productividad, la eficiencia y el cambio técnico de las administraciones públicas estatales en México de 2003 a 2013.

References

  1. Afonso, A., Schuknecht, L., & Tanzi, V. (2010). Public sector efficiency: evidence for new EU member states and emerging markets. Applied Economics, 42(17), 2147-2164.
  2. Alene, A. D. (2010). Productivity growth and the effects of R&D in African agriculture. Agricultural Economics, 41(3?4), 223-238.
  3. Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The review of economic studies, 58(2), 277-297.
  4. Artana D., Auguste S., Cristini M., Moskovitz C. y Templado I. (2012) “Sub-National Revenue Mobilization in Latin American and Caribean Countries: The Case of Argentina”. Fundación de Investigaciones Latinoamericanas, Banco Interamericano de Desarrollo (IDB) Working Paper Series Nº IDB-WP-297.
  5. Ávila Abud Jorge Alberto y Oscar Javier Cárdenas Rodriguez. 2012, El Impacto de las Transferencias Condicionadas en la Eficiencia Técnica de las Entidades Federativas. En http://www.cefp.gob.mx/portal_archivos/convocatoria/pnfp2012/ pnfp2012_segundolugar.pdf Accesado 13 de septiembre, 2013.
  6. Balassone, F., Franco, D., & Zotteri, S. (2006). EMU fiscal indicators: a misleading compass?. Empirica, 33(2-3), 63-87.
  7. Balaguer-Coll, M.T., Prior, D. & Tortosa-Ausina, E. Decentralization and efficiency of local government Ann Reg Sci (2010) 45: 571. https://doi.org/10.1007/s00168-009-0286-7.
  8. Block, S. A. and Vaaler, P. M. (2004). The Price of Democracy: Sovereign Risk Ratings, Bond Spreads and Political Business Cycles in Developing Countries. Journal of International Money and Finance, 23(6):917–946.
  9. Brender, A., & Drazen, A. (2005). How do budget deficits and economic growth affect reelection prospects? Evidence from a large cross-section of countries(No. w11862). National Bureau of Economic Research.
  10. Butkiewicz, J. L., & Yanikkaya, H. (2011). Institutions and the impact of government spending on growth. Journal of Applied Economics, 14(2), 319-341.
  11. Caves, D. W., Christensen, L. R., & Diewert, W. E. (1982). The economic theory of index numbers and the measurement of input, output, and productivity. Econometrica: Journal of the Econometric Society, 1393-1414.
  12. Celasun, O. and Harms, P. (2011). Boon Or Burden? The Effect Of Private Sector Debt On The Risk Of Sovereign Default In Developing Countries. Economic Inquiry, 49(1):70–88.
  13. Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the efficiency of decision making units. European journal of operational research, 2(6), 429-444.
  14. Dimitrakopoulos, S. and Kolossiatis, M. (2015). State Dependence and Stickiness of Sovereign Credit Ratings: Evidence from a Panel of Countries. Journal of Applied Econometrics, forthcoming.
  15. Duygun, M., Ozturk, H., & Shaban, M. (2016). The role of sovereign credit ratings in fiscal discipline. Emerging Markets Review.
  16. Dyson, R. G., Allen, R., Camanho, A. S., Podinovski, V. V., Sarrico, C. S., & Shale, E. A. (2001). Pitfalls and protocols in DEA. European Journal of operational research, 132(2), 245-259
  17. Eaton, J., & Gersovitz, M. (1981). Debt with potential repudiation: Theoretical and empirical analysis. The Review of Economic Studies, 48(2), 289-309.
  18. Färrell, M. J. (1957). The measurement of productive efficiency. Journal of the Royal Statistical Society. Series A (General), 120(3), 253-290
  19. Ferri, G., Liu, L. G., & Stiglitz, J. E. (1999). The procyclical role of rating agencies: Evidence from the East Asian crisis. Economic Notes, 28(3), 335-355.
  20. Gamkhar, Shama and Shah, Anwar (2007). The impacto of intergorvernmental fiscal transfers: a synthesis of the conceptual and empirical literature. En: Boadway and Sha, Intergovernmental fiscal transfers: principles and practice. IRBD The World Bank, DOI: 10.1596/978-0-8213-6492
  21. Hanusch, M. and Vaaler, P. M. (2013). Credit Rating Agencies and Elections in Emerging Democracies: Guardians of Fiscal Discipline? Economics Letters, 119(3):251–254.
  22. Hernández-Trillo, Fausto y Jarillo-Rabling, Brenda (2008). Is local beautiful? Fiscal decentralization in Mexico, World Development, 36(9), pp. 1547-1558.
  23. Holtz-Eakin, D., Newey, W., & Rosen, H. S. (1988). Estimating vector autoregressions with panel data. Econometrica: Journal of the Econometric Society, 1371-1395.
  24. Inman, R.P. (2008). The flypaper effect. National Bureau of Economic Research, Working Paper 14579.
  25. Koopmans, T. C. (1951). Efficient allocation of resources. Econometrica: Journal of the Econometric Society, 455-465.
  26. Kumar, M. and Ter-Minassian, T. (2007). Promoting Fiscal Discipline. International Monetary Fund.
  27. Ligthart, J. E., & van Oudheusden, P. (2015). In government we trust: The role of fiscal decentralization. European Journal of Political Economy, 37, 116-128.
  28. Navarro-Chávez JCL y Delfin-Ortega, OV (2017). Educación y Pobreza en México. Un análisis de eficiencia a nivel estados. Acta Universitaria, 27(NE-1), 33-45.
  29. Malmquist, S. (1953). Index numbers and indifference surfaces. Trabajos de Estadística y de Investigacion Operativa, 4(2), 209-242.
  30. McLure, C.E. (1995). Comment on “The Dangers of Descentralization”, The World Bank Research Observer, 10(2), pp. 221-226
  31. Oates, W.E. (2005). Toward a second-generatio theory of fiscal federalism. International Tax and Public Finance. Vol 12, pp.349-373.
  32. Pinilla, D.E., Jiménez, J.D. y Granados (2014). La decentralización y la eficiencia social del estado en América Latina. Una evaluación de frontera a partir de resultados recientes. Instituto de Estudios Fiscales, No 3.
  33. Primož Pevcin, (2014) "Efficiency levels of sub-national governments: a comparison of SFA and DEA estimations", The TQM Journal, Vol. 26 Issue: 3, pp.275-283, https://doi.org/10.1108/TQM-12-2013-0127
  34. Prud’homme, R. (1995). The dangers of descentralization. The World Bank Research Observer, 10(2), pp. 201-220.
  35. Rosen, H.S. and Gayer, T. (2014). Public Finance. Mac Graw Hill education, tenth edition.
  36. Scheel, H. (2001). Undesirable outputs in efficiency valuations. European journal of operational research, 132(2), 400-410.
  37. Selva, C. y Sanz, M.M. (2015). La eficiencia municipal en la prestación de bienes y servicios públicos: de la medición de su nivel al análisis de sus posibles causas. Tribuna Economía, 882, ICE.
  38. http://www.revistasice.com/CachePDF/ICE_882_157-170__0A353A34DFF887A62F6074EC55B9E7DC.pdf
  39. Sewel, D.O. (1996). “The dangers of descentralization” according to prudg’homme: some further aspects. The World Bank Research Observer, 11(1), pp. 143-150.
  40. Shi, M., & Svensson, J. (2006). Political budget cycles: Do they differ across countries and why?. Journal of public economics, 90(8), 1367-1389.
  41. Sinclair, T. J. (2005) The New Masters of Capital: American Bond Rating Agencies and the Politics of 42 Creditworthiness, Ithaca: Cornell University Press.
  42. Thanassoulis, E., Portela, M. C., & Despic, O. (2008). Data envelopment analysis: the mathematical programming approach to efficiency analysis. The measurement of productive efficiency and productivity growth, 251-420.
  43. Tiebout, C.M. (1956). A pure theory of local expenditures. Journal of Political Economy, 64(5), pp. 416-424.
  44. White, L. J. (2010). Markets: The Credit Rating Agencies. Journal of Economic Perspectives, 24(2):211–26.
  45. Worthington Andrew & Brian Dollery (2000). An empirical survey of frontier efficiency measurement techniques in local government, Local Government Studies, 26:2, 23-52, DOI:10.1080/03003930008433988