The allocation of government spending and economic growth: a panel data study of Brazilian states

Detalhes bibliográficos
Autor(a) principal: Neduziak, Luiz Carlos Ribeiro
Data de Publicação: 2017
Outros Autores: Correia, Fernando Motta
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Revista de Administração Pública
Texto Completo: https://periodicos.fgv.br/rap/article/view/71175
Resumo: The effect of the allocation of government spending on the economy is currently a subject of interest given the fiscal budget constraints facing governments due to fiscal crises or adjustments. This paper thus seeks to study the effects of the allocation of government spending on the GDP behavior of Brazilian states from 1995 to 2011. Using a conventional FE (Fixed Effect) panel data model, this paper’s main results are as follows: (i) administration and planning, (ii) judicial, (iii) housing and (iv) social assistance spending were found to be productive, while (i) education and culture and (ii) legislative spending were found to be unproductive. In addition, some evidence has been found that the introduction of public borrowing rules by the Fiscal Responsibility Law has been beneficial to the economic growth of Brazilian states.
id FGV-4_bb75f83e6c75ca00c67960d24c08c6a2
oai_identifier_str oai:ojs.periodicos.fgv.br:article/71175
network_acronym_str FGV-4
network_name_str Revista de Administração Pública
repository_id_str
spelling The allocation of government spending and economic growth: a panel data study of Brazilian statesLa alocación de los gastos públicos y crecimiento económico: un estudio de datos en panel aplicado a los estados de BrasilAlocação dos gastos públicos e crescimento econômico: um estudo em painel para os estados brasileirosgovernment spendingeconomic growthBrazilian statesgastos públicoscrecimiento económicoestados de Brasilgasto públicocrescimento econômicoestados brasileirosThe effect of the allocation of government spending on the economy is currently a subject of interest given the fiscal budget constraints facing governments due to fiscal crises or adjustments. This paper thus seeks to study the effects of the allocation of government spending on the GDP behavior of Brazilian states from 1995 to 2011. Using a conventional FE (Fixed Effect) panel data model, this paper’s main results are as follows: (i) administration and planning, (ii) judicial, (iii) housing and (iv) social assistance spending were found to be productive, while (i) education and culture and (ii) legislative spending were found to be unproductive. In addition, some evidence has been found that the introduction of public borrowing rules by the Fiscal Responsibility Law has been beneficial to the economic growth of Brazilian states.El presente trabajo analiza los efectos de la alocación del gasto público sobre el crecimiento económico de los estados de Brasil en el período de 1995-2011. La investigación se realizó mediante el análisis de datos en panel. Los resultados muestran que los gastos con el: (i) ejecutivo, (ii) judicial, (iii) habitación y (iv) bienestar social impactaron el crecimiento económico positivamente, mientras que los gastos en: (i) educación y (ii) legislativo no tuvieron impacto productivo sobre el crecimiento económico. Además, la introducción de reglas fiscales a través de la “Ley de Responsabilidad Fiscal” ha sido beneficiosa al crecimiento de los estados.Tendo em vista as restrições orçamentárias impostas aos governos, em contextos de crises e ajustes fiscais, faz-se necessária a discussão acerca do efeito da alocação dos gastos públicos sobre o estado da economia. Nesse sentido, o presente ensaio busca discutir os efeitos da alocação do gasto público sobre o comportamento do PIB real dos estados brasileiros. Para tanto, foi utilizado um painel convencional de Efeitos Fixos (EF), no período de 1995- 2011. Os gastos em: (i) administração e planejamento, (ii) judiciário, (iii) habitação e urbanismo e (iv) assistência e previdência mostraram-se produtivos e os gastos em: (i) educação e cultura e (ii) legislativo mostraram-se improdutivos. Foram encontradas evidências de que a Lei de Responsabilidade Fiscal (LRF) tem sido benéfica ao crescimento econômico dos estados brasileiros.Fundação Getulio Vargas (FGV EBAPE)2017-08-09info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://periodicos.fgv.br/rap/article/view/71175Brazilian Journal of Public Administration; Vol. 51 No. 4 (2017); 616-632Revista de Administração Pública; Vol. 51 Núm. 4 (2017); 616-632Revista de Administração Pública; v. 51 n. 4 (2017); 616-6321982-31340034-7612reponame:Revista de Administração Públicainstname:Fundação Getulio Vargas (FGV)instacron:FGVporenghttps://periodicos.fgv.br/rap/article/view/71175/pdf_125https://periodicos.fgv.br/rap/article/view/71175/68621Copyright (c) 2017 Revista de Administração Públicainfo:eu-repo/semantics/openAccessNeduziak, Luiz Carlos RibeiroCorreia, Fernando Motta2017-08-31T13:48:16Zoai:ojs.periodicos.fgv.br:article/71175Revistahttps://ebape.fgv.br/publicacoes/rapONGhttps://old.scielo.br/oai/scielo-oai.php||rap@fgv.br1982-31340034-7612opendoar:2017-08-31T13:48:16Revista de Administração Pública - Fundação Getulio Vargas (FGV)false
dc.title.none.fl_str_mv The allocation of government spending and economic growth: a panel data study of Brazilian states
La alocación de los gastos públicos y crecimiento económico: un estudio de datos en panel aplicado a los estados de Brasil
Alocação dos gastos públicos e crescimento econômico: um estudo em painel para os estados brasileiros
title The allocation of government spending and economic growth: a panel data study of Brazilian states
spellingShingle The allocation of government spending and economic growth: a panel data study of Brazilian states
Neduziak, Luiz Carlos Ribeiro
government spending
economic growth
Brazilian states
gastos públicos
crecimiento económico
estados de Brasil
gasto público
crescimento econômico
estados brasileiros
title_short The allocation of government spending and economic growth: a panel data study of Brazilian states
title_full The allocation of government spending and economic growth: a panel data study of Brazilian states
title_fullStr The allocation of government spending and economic growth: a panel data study of Brazilian states
title_full_unstemmed The allocation of government spending and economic growth: a panel data study of Brazilian states
title_sort The allocation of government spending and economic growth: a panel data study of Brazilian states
author Neduziak, Luiz Carlos Ribeiro
author_facet Neduziak, Luiz Carlos Ribeiro
Correia, Fernando Motta
author_role author
author2 Correia, Fernando Motta
author2_role author
dc.contributor.author.fl_str_mv Neduziak, Luiz Carlos Ribeiro
Correia, Fernando Motta
dc.subject.por.fl_str_mv government spending
economic growth
Brazilian states
gastos públicos
crecimiento económico
estados de Brasil
gasto público
crescimento econômico
estados brasileiros
topic government spending
economic growth
Brazilian states
gastos públicos
crecimiento económico
estados de Brasil
gasto público
crescimento econômico
estados brasileiros
description The effect of the allocation of government spending on the economy is currently a subject of interest given the fiscal budget constraints facing governments due to fiscal crises or adjustments. This paper thus seeks to study the effects of the allocation of government spending on the GDP behavior of Brazilian states from 1995 to 2011. Using a conventional FE (Fixed Effect) panel data model, this paper’s main results are as follows: (i) administration and planning, (ii) judicial, (iii) housing and (iv) social assistance spending were found to be productive, while (i) education and culture and (ii) legislative spending were found to be unproductive. In addition, some evidence has been found that the introduction of public borrowing rules by the Fiscal Responsibility Law has been beneficial to the economic growth of Brazilian states.
publishDate 2017
dc.date.none.fl_str_mv 2017-08-09
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.fgv.br/rap/article/view/71175
url https://periodicos.fgv.br/rap/article/view/71175
dc.language.iso.fl_str_mv por
eng
language por
eng
dc.relation.none.fl_str_mv https://periodicos.fgv.br/rap/article/view/71175/pdf_125
https://periodicos.fgv.br/rap/article/view/71175/68621
dc.rights.driver.fl_str_mv Copyright (c) 2017 Revista de Administração Pública
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2017 Revista de Administração Pública
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Fundação Getulio Vargas (FGV EBAPE)
publisher.none.fl_str_mv Fundação Getulio Vargas (FGV EBAPE)
dc.source.none.fl_str_mv Brazilian Journal of Public Administration; Vol. 51 No. 4 (2017); 616-632
Revista de Administração Pública; Vol. 51 Núm. 4 (2017); 616-632
Revista de Administração Pública; v. 51 n. 4 (2017); 616-632
1982-3134
0034-7612
reponame:Revista de Administração Pública
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
instacron_str FGV
institution FGV
reponame_str Revista de Administração Pública
collection Revista de Administração Pública
repository.name.fl_str_mv Revista de Administração Pública - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv ||rap@fgv.br
_version_ 1798943772559540224

Registros relacionados