EL IMPACTO DEL CRÉDITO EN LA PRODUCCIÓN GANADERA DE MÉXICO, DE 2010 A 2019

José Tinoco and Noé Juárez

Revista Mexicana de Agronegocios, 2024, vol. 54, issue January-June 2024

Abstract: In the 2010-2019 decade, the Gross Domestic Product of the primary sector in Mexico showed growth of 24.9 percent, its foreign trade, as of 2015, showed a trade surplus with an increasing trend. Credit is an instrument that stimulates the production and facilitates economic development. The relationship of credit with the production of beef cattle, dairy cattle, pig farming, goat farming, and sheep farming in the previous decade is analyzed through Bayesian statistics. The results show a high correlation (0.95) of total credit with livestock production, with highly significant statistical evidence; Bayesian linear regression indicates that for each unit that the entire credit variable increases, production increases by 4,853 units. For beef cattle, the posterior mean of the regression shows that for each unit that the total credit variable increases, production increases by 0.0113 units; for pigs 0.07 units; and no significant correlation was found between the study variables for goats, dairy cattle, and sheep. It is recognized that there may be variables that deserve study between credit and the increase in production.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remeag:344560

DOI: 10.22004/ag.econ.344560

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