The degree of crisis propagation on firms can be determined according to operational and financial results. This research studies how 88 private, non-financial Mexican firms suffered and recovered from the 1994 economic crisis. Results show that the periods and degree of deterioration and recovery depend on the industry and size of companies. Conglomerates were both wounded and recovered before the rest of industries. The sector that showed the lowest level of perturbation was mining, and the most injured one was services.

Economia Mexicana
Erasmus School of Economics

Watkins, K., Spronk, J., & Felix, L. (2005). Propagacion de crisis en las empresas: la experiencia mexicana. Economia Mexicana, 119–135. Retrieved from