Changes in the fiscal space of federal entities resulting from the Constitutional Reform on financial discipline
DOI:
https://doi.org/10.29105/vtga12.1-1196Keywords:
Fiscal federalism, public finances, fiscal space, public investment, golden ruleAbstract
The objective of this research is to determine the effects of the fiscal rules emanating from the 2015 constitutional reform on financial discipline and secondary laws on the financial autonomy and fiscal space of the states of Mexico. Through a statistical analysis where modifiable expenses and revenues of the states were identified with respect to the State Gross Domestic Product [GDP], an increase in fiscal space was identified, considered as the amount of resources that the states have to maneuver financially, going from 1.6 percent of GDP in the period 2007 to 2016 to 2.7 percent of GDP on average for the period 2017 to 2023 After the reforms, this increase was generated mainly in the area of federal participations and tax collection, however, it does not translate into an increase in public investment spending.
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Copyright (c) 2026 Rolando de Luna Dávila, Juan Paura García, Paula Villalpando Cadena
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