Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/285087 
Title (translated): 
Cobra effect in Mexico: Social expenditure and poverty, 2008-2018
Year of Publication: 
2021
Citation: 
[Journal:] Estudios de Economía [ISSN:] 0718-5286 [Volume:] 48 [Issue:] 2 [Year:] 2021 [Pages:] 97-137
Publisher: 
Universidad de Chile, Departamento de Economía, Santiago de Chile
Abstract (Translated): 
We examine the efficiency of the cash transfers on multidimensional extreme poverty in the states of Mexico for 2008-2018. We estimate econometric models with panel data with OLS and 2SLS and with cross-section data with GMM that shield against endogeneity of the determinants of poverty. We prove that there are perverse incentives that have caused that transfers perpetuate poverty in the less developed states. Homicides and informal employment have perpetuated it. Agricultural labor productivity, economic growth, productive export orientation, and a better Rule of Law reduce it.
Subjects: 
Extreme multidimensional poverty
direct monetary transfers
per-verse incentives
Rule of Law
structural heterogeneity
JEL: 
P36
Creative Commons License: 
cc-by-nc-sa Logo
Document Type: 
Article

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