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This paper studies local governments' decisions on public debt under the Financial Discipline Law for States and Municipalities (ldfem in Spanish) in Mexico. It implies distinguishing economic and political factors and their relevance within ldfem's legal framework that defines norms and limitations for Mexican subnational governments. Based on municipal data for 2017-2019, our results prove that political variables significantly impact municipal debt. This paper highlights the elections' proximity and the incumbent mayor's electoral support. [ABSTRACT FROM AUTHOR]

This paper aims to identify the necessary or sufficient conditions that promote the installed photovoltaic (pv) capacity in Mexico. To do this, different configurations of conditions are identified, which can lead to the same desired case, through the comparative qualitative analysis of complex cases. The analysis suggests that, to boost the installed pv capacity, a long-term planning of the Mexican pv industry should be carried out. The starting point of such a plan should consists of the following five necessary conditions: a) tax credit for investment or production; b) feed in tariff & feed in premium; c) development of intellectual, technical and professional capital; d) the promotion of research and development of pv technology, and e) to include installed pv capacity in smart grids. [ABSTRACT FROM AUTHOR]