Public credit and misallocation in Brazil

Detalhes bibliográficos
Autor(a) principal: Cardoso, Emiliano Augusto Carvalho
Data de Publicação: 2019
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/27496
Resumo: Esse trabalho investiga a relação entre a política de expansão do crédito público após a crise financeira de 2008 e o seu efeito na alocação de recursos e produtividade setorial no Brasil. Usando um método similar a Hsieh e Klenow (2009) e dados a nível da firma de 2009 a 2016, não encontramos evidência que essa política foi eficaz em aumentar a Produtividade Total dos Fatores (TFP). De fato, encontramos algumas evidências que existe uma correlação negativa entre os dois.
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spelling Cardoso, Emiliano Augusto CarvalhoEscolas::EESPRodrigues Junior, MauroCamargo, Bráz Ministério deCavalcanti, Tiago2019-06-05T12:35:34Z2019-06-05T12:35:34Z2019-05-15http://hdl.handle.net/10438/27496Esse trabalho investiga a relação entre a política de expansão do crédito público após a crise financeira de 2008 e o seu efeito na alocação de recursos e produtividade setorial no Brasil. Usando um método similar a Hsieh e Klenow (2009) e dados a nível da firma de 2009 a 2016, não encontramos evidência que essa política foi eficaz em aumentar a Produtividade Total dos Fatores (TFP). De fato, encontramos algumas evidências que existe uma correlação negativa entre os dois.This work investigates the relationship between the expension of earmarked credit policy in Brazil after the 2008 financial crisis and the effect on the allocation of resources and sector productivity. Using a similar method to Hsieh and Klenow (2009) and firm-level data from 2009 to 2016, we find no evidence that this policy was efficient in increasing in sectorial Total Factor Productivity (TFP). In fact, we find some evidence that the two are negatively correlated.engResource misallocationSector TFPFirm-level dataAlocação de recursosTFPDados a nível da firmaEconomiaCrédito público - BrasilAlocação de recursosProdução (Teoria econômica)ProdutividadePublic credit and misallocation in Brazilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINALPublic_Credit_and_Misallocation_in_Brazil.pdfPublic_Credit_and_Misallocation_in_Brazil.pdfPDFapplication/pdf1618279https://repositorio.fgv.br/bitstreams/3b5a5498-5085-4958-b14a-4fd12de0b2e7/download4bc2c05d9badfd5fdd149473ba5b2187MD53LICENSElicense.txtlicense.txttext/plain; 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dc.title.eng.fl_str_mv Public credit and misallocation in Brazil
title Public credit and misallocation in Brazil
spellingShingle Public credit and misallocation in Brazil
Cardoso, Emiliano Augusto Carvalho
Resource misallocation
Sector TFP
Firm-level data
Alocação de recursos
TFP
Dados a nível da firma
Economia
Crédito público - Brasil
Alocação de recursos
Produção (Teoria econômica)
Produtividade
title_short Public credit and misallocation in Brazil
title_full Public credit and misallocation in Brazil
title_fullStr Public credit and misallocation in Brazil
title_full_unstemmed Public credit and misallocation in Brazil
title_sort Public credit and misallocation in Brazil
author Cardoso, Emiliano Augusto Carvalho
author_facet Cardoso, Emiliano Augusto Carvalho
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.member.none.fl_str_mv Rodrigues Junior, Mauro
dc.contributor.author.fl_str_mv Cardoso, Emiliano Augusto Carvalho
dc.contributor.advisor1.fl_str_mv Camargo, Bráz Ministério de
Cavalcanti, Tiago
contributor_str_mv Camargo, Bráz Ministério de
Cavalcanti, Tiago
dc.subject.eng.fl_str_mv Resource misallocation
Sector TFP
Firm-level data
topic Resource misallocation
Sector TFP
Firm-level data
Alocação de recursos
TFP
Dados a nível da firma
Economia
Crédito público - Brasil
Alocação de recursos
Produção (Teoria econômica)
Produtividade
dc.subject.por.fl_str_mv Alocação de recursos
TFP
Dados a nível da firma
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Crédito público - Brasil
Alocação de recursos
Produção (Teoria econômica)
Produtividade
description Esse trabalho investiga a relação entre a política de expansão do crédito público após a crise financeira de 2008 e o seu efeito na alocação de recursos e produtividade setorial no Brasil. Usando um método similar a Hsieh e Klenow (2009) e dados a nível da firma de 2009 a 2016, não encontramos evidência que essa política foi eficaz em aumentar a Produtividade Total dos Fatores (TFP). De fato, encontramos algumas evidências que existe uma correlação negativa entre os dois.
publishDate 2019
dc.date.accessioned.fl_str_mv 2019-06-05T12:35:34Z
dc.date.available.fl_str_mv 2019-06-05T12:35:34Z
dc.date.issued.fl_str_mv 2019-05-15
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/27496
url http://hdl.handle.net/10438/27496
dc.language.iso.fl_str_mv eng
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