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La concentración histórica del sistema bancario mexicano: estructura y ciclos

Author

Listed:
  • Gustavo A. Del Angel

    (Department of Economics, CIDE)

  • Manuel E. Prado Cedano

    (Department of Economics, CIDE)

Abstract

El presente artículo estudia la evolución de la concentración industrial en el sistema bancario mexicano desde el Porfiriato a nuestros días. Si bien la concentración es persistente, se distinguen ciclos de expansión y ciclos de consolidación a lo largo de la historia. Algunos de los procesos de expansión, y de consolidación, han sido promovidos por las autoridades financieras, pero también episodios de choques exógenos como crisis determinan los ciclos consolidación. El artículo también explica que un factor importante para explicar la persistencia de la concentración, así como de la participación de mercado de los grandes bancos, es la inversión de los bancos en infraestructura de redes de distribución. Si bien a lo largo del tiempo ha habido una narrativa que vincula concentración con competencia, en este artículo no abordamos posibles problemas de competencia, sino que estudiamos la concentración como una característica estructural de la industria. El artículo hace énfasis en las últimas dos décadas, en las cuales, aunque la concentración en las mayores instituciones financieras persiste, la entrada de nuevos intermediarios ha conducido a una tendencia de desconcentración del mercado.

Suggested Citation

  • Gustavo A. Del Angel & Manuel E. Prado Cedano, 2024. "La concentración histórica del sistema bancario mexicano: estructura y ciclos," Working Papers DTE 644, CIDE, División de Economía.
  • Handle: RePEc:emc:wpaper:dte644
    as

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    File URL: http://www.economiamexicana.cide.edu/RePEc/emc/pdf/DTE/DTE644.pdf
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    References listed on IDEAS

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    1. Gruben, William C. & McComb, Robert P., 2003. "Privatization, competition, and supercompetition in the Mexican commercial banking system," Journal of Banking & Finance, Elsevier, vol. 27(2), pages 229-249, February.
    2. Sara G. Castellanos & Gustavo A. Ángel & Jesús G. Garza-García, 2016. "Competition and Efficiency in the Mexican Banking Industry," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-51841-5, December.
    3. Gilligan, Thomas & Smirlock, Michael & Marshall, William, 1984. "Scale and scope economies in the multi-product banking firm," Journal of Monetary Economics, Elsevier, vol. 13(3), pages 393-405, May.
    4. Bordo, Michael D. & Rockoff, Hugh & Redish, Angela, 1994. "The U.S. Banking System From a Northern Exposure: Stability versus Efficiency," The Journal of Economic History, Cambridge University Press, vol. 54(2), pages 325-341, June.
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    More about this item

    Keywords

    concentración; banca múltiple; bancos; México;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean

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