Growth, institutions and convergence in Mexico, considering the northern border

The present study is focused on one of the main economic problems of our time, the study of regional economic convergence and economic growth with consideration to institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in regional economic convergence and institutions. The empirical and theoretical analysis is centered on the regional convergence of the Mexican states taking into consideration institutional and border state factors. The empirical analysis estimates an annual rate of convergence that varies from -0.018% to 4.1% for the period between 1970 and 2001, when controlling for human capital, institutional and border effects