Análisis coyuntural de la política fiscal en México 1993-2004*

This paper presents a methodological procedure, designed by Kalecki, explained by Szeworski, and adapted to the case of the Mexican economy by López Gallardo, which helps to identify the role that the state sector plays in economic circumstances. The procedure classifies government spending on different categories according to their sources of funding and it allows you to distinguish its effect on economic activity. The methodology was applied to studying the Mexican economy between 1993 and 2004; specifically for the fiscal performance during economic conjunctures, observed in 1995 and 2001. The results by applying the method for analysis purposes of government spending show that government intervention was very important; in both periods, modifying of financing of public expenditure was a notorious element for the recovery of economic activity.