Prospective economic recovery by state in the face of COVID-19

Abstract

Mexico, like different economies in the world, faces an unprecedented health, human and economic crisis that is continuously evolving due to Covid -19, which has caused economies to close and paralyze. Although it is not possible to be certain when the crisis will end or the form of recovery, the faster and more forceful the response, the smaller the negative effects.

Therefore, the objective of this research is to identify through the variables the behavior of the sectors and key economic activities such as construction, together with the economic incentives exercised by the Federal Entity, which States could have a prompt economic recovery against the coronavirus (COVID-19). In order to achieve the proposed objective, Hierarchical Cluster Analysis was used as a methodological tool. The results indicate in Baja California Sur, Querétaro, San Luis Potosí, Guanajuato and Aguascalientes, based on the generalized growth in the different sectors, it could be expected to be the ones with the fastest economic recovery, while regarding factors such as the behavior of construction, economic activities The key factors and the implementation of government incentives will be Nuevo León, and Oaxaca, the states where they could be expected to have a faster recovery.