Access to International Funds and the Boom in Mexico after the Tequila Crisis: Is There Any Evidence from the Companies Quoted in the NYSE?

Authors

  • François Boye Independent Consultant

Keywords:

tequila crisis, credit crunch, economic recovery, capital financing, Mexico

Abstract

The main goal of the present paper is to test the hypothesis that the Mexican economic boom of the second half of the 90s –which coincided with a post-Tequila credit crunch crisis– can be explained by Mexican firms with access to international financial markets financing their productive investments through international funds. Using a panel of Mexican firms quoted at the NYSE, we show that they neither significantly boosted their productive investments after the Tequila crisis nor relied on external funds.

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References

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Published

2004-10-31

How to Cite

Boye, F. (2004). Access to International Funds and the Boom in Mexico after the Tequila Crisis: Is There Any Evidence from the Companies Quoted in the NYSE?. Economic Analysis Review, 19(2), 119–146. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/41

Issue

Vol. 19 No. 2 (2004)

Section

Articles

License

Copyright (c) 2004 François Boye

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

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