Public credit and misallocation in Brazil
Autor(a) principal: | |
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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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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 |
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masterThesis |
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http://hdl.handle.net/10438/27496 |
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http://hdl.handle.net/10438/27496 |
dc.language.iso.fl_str_mv |
eng |
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eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
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