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Copyright of Territorios: Revista de Estudios Regionales y Urbanos is the property of Universidad de los Andes and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper explores the Mexico City Government's accountability with respect to public debt in the time period 1999-2015. The questions we pose are as follows: To which projects were resources emanating from public debt allocated? Did the accountability mechanisms make it possible to evaluate the projects funded with public debt? Although the laws stipulate that entities are bound to be transparent about their allocation of debt, there is clearly only partial accountability when it comes to all of the funding models, including: private banking, development banking, the stock market, and public-private partnerships (PPP). Moreover, the opacity is total where evaluating outcomes is concerned. Using a cointegration test for debt and public investment, we assert that total public debt has some effect on the behavior of public investment in Mexico City. [ABSTRACT FROM AUTHOR]

This paper sets out to characterize the business dynamics of the software industries located in Mexico City, Monterrey, and Tijuana, beginning with a survey administered by the authors to 175 companies located in the aforementioned cities in 2014. The literature about this industry in Mexico has tended to favor theoretical approaches to innovation and learning and their subsequent application to local cases. This work relies on the logic of clusters (Porter, 1998) and therefore analyzes relationships with the local market in terms of sales and usage of human, financial, and informational resources, revealing regional differences in business dynamics. One important difference is the weight of local competition in Mexico City as compared with the two other cities. [ABSTRACT FROM AUTHOR]