Fiscal policy and regional inequality in brazil

Detalhes bibliográficos
Autor(a) principal: Guilherme Cardoso
Data de Publicação: 2022
Outros Autores: Débora Freire Cardoso, Kênia Barreiro de Souza, Luiz Carlos Santana Ribeiro
Tipo de documento: Artigo
Idioma: por
Título da fonte: Repositório Institucional da UFMG
Texto Completo: https://doi.org/10.1590/1980-53575224dklg
http://hdl.handle.net/1843/59879
https://orcid.org/0000-0002-0702-8992
https://orcid.org/0000-0001-5504-8552
https://orcid.org/0000-0002-6306-2044
https://orcid.org/0000-0001-6374-3811
Resumo: This paper aims to estimate the long-term impacts of an austerity policy in the Brazilian regions. Our main contribution is to measure those effects using a dynamic interregional general equilibrium model, capturing the indirect impacts in sectors and regions, in addition to the direct effects of the expenditure cuts. The main results show that the fiscal adjustment would attenuate growth in most of the Brazilian states by 2037. Municipalities located in the poorest regions would be relatively more affected. Furthermore, the adjustment would have a negative impact on regional inequalities in all scenarios, both at the state and municipal levels.
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spelling 2023-10-23T21:22:07Z2023-10-23T21:22:07Z2022522373396https://doi.org/10.1590/1980-53575224dklg1980-5357http://hdl.handle.net/1843/59879https://orcid.org/0000-0002-0702-8992https://orcid.org/0000-0001-5504-8552https://orcid.org/0000-0002-6306-2044https://orcid.org/0000-0001-6374-3811This paper aims to estimate the long-term impacts of an austerity policy in the Brazilian regions. Our main contribution is to measure those effects using a dynamic interregional general equilibrium model, capturing the indirect impacts in sectors and regions, in addition to the direct effects of the expenditure cuts. The main results show that the fiscal adjustment would attenuate growth in most of the Brazilian states by 2037. Municipalities located in the poorest regions would be relatively more affected. Furthermore, the adjustment would have a negative impact on regional inequalities in all scenarios, both at the state and municipal levels.Este artigo estima o impacto de longo prazo de uma política de austeridade sobre as regiões brasileiras. A principal contribuição é medir esses efeitos a partir de um modelo dinâmico e inter-regional de equilíbrio geral computável, capturando os impactos indiretos em setores e regiões, somado aos efeitos diretos do corte dos gastos. Os principais resultados mostram que o ajuste fiscal atenuaria o crescimento na maioria dos estados brasileiros em 2037. Municípios localizados nas regiões mais pobres seriam relativamente mais afetados. Além disso, o ajuste teria um impacto negativo na desigualdade regional em todos os cenários, tanto a nível estadual quanto municipal.CNPq - Conselho Nacional de Desenvolvimento Científico e TecnológicoporUniversidade Federal de Minas GeraisUFMGBrasilFCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICASEstudos EconômicosPolítica fiscalDisparidades econômicas regionaisEconomia regionalFiscal policyRegional inequalityCGE modelBrazilFiscal policy and regional inequality in brazilPolítica fiscal e desigualdade regional no Brasilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttps://www.scielo.br/j/ee/a/G3W7CPNnCB8rSy4tRjQKXjx/?lang=enGuilherme CardosoDébora Freire CardosoKênia Barreiro de SouzaLuiz Carlos Santana Ribeiroapplication/pdfinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional da UFMGinstname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGLICENSELicense.txtLicense.txttext/plain; charset=utf-82042https://repositorio.ufmg.br/bitstream/1843/59879/1/License.txtfa505098d172de0bc8864fc1287ffe22MD51ORIGINALFiscal policy and regional inequality in Brazil.pdfFiscal policy and regional inequality in Brazil.pdfapplication/pdf1172014https://repositorio.ufmg.br/bitstream/1843/59879/2/Fiscal%20policy%20and%20regional%20inequality%20in%20Brazil.pdf791a12e7d2ae1f8679eee644334b0422MD521843/598792023-10-23 18:22:07.882oai:repositorio.ufmg.br:1843/59879TElDRU7vv71BIERFIERJU1RSSUJVSe+/ve+/vU8gTu+/vU8tRVhDTFVTSVZBIERPIFJFUE9TSVTvv71SSU8gSU5TVElUVUNJT05BTCBEQSBVRk1HCiAKCkNvbSBhIGFwcmVzZW50Ye+/ve+/vW8gZGVzdGEgbGljZW7vv71hLCB2b2Pvv70gKG8gYXV0b3IgKGVzKSBvdSBvIHRpdHVsYXIgZG9zIGRpcmVpdG9zIGRlIGF1dG9yKSBjb25jZWRlIGFvIFJlcG9zaXTvv71yaW8gSW5zdGl0dWNpb25hbCBkYSBVRk1HIChSSS1VRk1HKSBvIGRpcmVpdG8gbu+/vW8gZXhjbHVzaXZvIGUgaXJyZXZvZ++/vXZlbCBkZSByZXByb2R1emlyIGUvb3UgZGlzdHJpYnVpciBhIHN1YSBwdWJsaWNh77+977+9byAoaW5jbHVpbmRvIG8gcmVzdW1vKSBwb3IgdG9kbyBvIG11bmRvIG5vIGZvcm1hdG8gaW1wcmVzc28gZSBlbGV0cu+/vW5pY28gZSBlbSBxdWFscXVlciBtZWlvLCBpbmNsdWluZG8gb3MgZm9ybWF0b3Mg77+9dWRpbyBvdSB277+9ZGVvLgoKVm9j77+9IGRlY2xhcmEgcXVlIGNvbmhlY2UgYSBwb2zvv710aWNhIGRlIGNvcHlyaWdodCBkYSBlZGl0b3JhIGRvIHNldSBkb2N1bWVudG8gZSBxdWUgY29uaGVjZSBlIGFjZWl0YSBhcyBEaXJldHJpemVzIGRvIFJJLVVGTUcuCgpWb2Pvv70gY29uY29yZGEgcXVlIG8gUmVwb3NpdO+/vXJpbyBJbnN0aXR1Y2lvbmFsIGRhIFVGTUcgcG9kZSwgc2VtIGFsdGVyYXIgbyBjb250Ze+/vWRvLCB0cmFuc3BvciBhIHN1YSBwdWJsaWNh77+977+9byBwYXJhIHF1YWxxdWVyIG1laW8gb3UgZm9ybWF0byBwYXJhIGZpbnMgZGUgcHJlc2VydmHvv73vv71vLgoKVm9j77+9IHRhbWLvv71tIGNvbmNvcmRhIHF1ZSBvIFJlcG9zaXTvv71yaW8gSW5zdGl0dWNpb25hbCBkYSBVRk1HIHBvZGUgbWFudGVyIG1haXMgZGUgdW1hIGPvv71waWEgZGUgc3VhIHB1YmxpY2Hvv73vv71vIHBhcmEgZmlucyBkZSBzZWd1cmFu77+9YSwgYmFjay11cCBlIHByZXNlcnZh77+977+9by4KClZvY++/vSBkZWNsYXJhIHF1ZSBhIHN1YSBwdWJsaWNh77+977+9byDvv70gb3JpZ2luYWwgZSBxdWUgdm9j77+9IHRlbSBvIHBvZGVyIGRlIGNvbmNlZGVyIG9zIGRpcmVpdG9zIGNvbnRpZG9zIG5lc3RhIGxpY2Vu77+9YS4gVm9j77+9IHRhbWLvv71tIGRlY2xhcmEgcXVlIG8gZGVw77+9c2l0byBkZSBzdWEgcHVibGljYe+/ve+/vW8gbu+/vW8sIHF1ZSBzZWphIGRlIHNldSBjb25oZWNpbWVudG8sIGluZnJpbmdlIGRpcmVpdG9zIGF1dG9yYWlzIGRlIG5pbmd177+9bS4KCkNhc28gYSBzdWEgcHVibGljYe+/ve+/vW8gY29udGVuaGEgbWF0ZXJpYWwgcXVlIHZvY++/vSBu77+9byBwb3NzdWkgYSB0aXR1bGFyaWRhZGUgZG9zIGRpcmVpdG9zIGF1dG9yYWlzLCB2b2Pvv70gZGVjbGFyYSBxdWUgb2J0ZXZlIGEgcGVybWlzc++/vW8gaXJyZXN0cml0YSBkbyBkZXRlbnRvciBkb3MgZGlyZWl0b3MgYXV0b3JhaXMgcGFyYSBjb25jZWRlciBhbyBSZXBvc2l077+9cmlvIEluc3RpdHVjaW9uYWwgZGEgVUZNRyBvcyBkaXJlaXRvcyBhcHJlc2VudGFkb3MgbmVzdGEgbGljZW7vv71hLCBlIHF1ZSBlc3NlIG1hdGVyaWFsIGRlIHByb3ByaWVkYWRlIGRlIHRlcmNlaXJvcyBlc3Tvv70gY2xhcmFtZW50ZSBpZGVudGlmaWNhZG8gZSByZWNvbmhlY2lkbyBubyB0ZXh0byBvdSBubyBjb250Ze+/vWRvIGRhIHB1YmxpY2Hvv73vv71vIG9yYSBkZXBvc2l0YWRhLgoKQ0FTTyBBIFBVQkxJQ0Hvv73vv71PIE9SQSBERVBPU0lUQURBIFRFTkhBIFNJRE8gUkVTVUxUQURPIERFIFVNIFBBVFJPQ++/vU5JTyBPVSBBUE9JTyBERSBVTUEgQUfvv71OQ0lBIERFIEZPTUVOVE8gT1UgT1VUUk8gT1JHQU5JU01PLCBWT0Pvv70gREVDTEFSQSBRVUUgUkVTUEVJVE9VIFRPRE9TIEUgUVVBSVNRVUVSIERJUkVJVE9TIERFIFJFVklT77+9TyBDT01PIFRBTULvv71NIEFTIERFTUFJUyBPQlJJR0Hvv73vv71FUyBFWElHSURBUyBQT1IgQ09OVFJBVE8gT1UgQUNPUkRPLgoKTyBSZXBvc2l077+9cmlvIEluc3RpdHVjaW9uYWwgZGEgVUZNRyBzZSBjb21wcm9tZXRlIGEgaWRlbnRpZmljYXIgY2xhcmFtZW50ZSBvIHNldSBub21lKHMpIG91IG8ocykgbm9tZXMocykgZG8ocykgZGV0ZW50b3IoZXMpIGRvcyBkaXJlaXRvcyBhdXRvcmFpcyBkYSBwdWJsaWNh77+977+9bywgZSBu77+9byBmYXLvv70gcXVhbHF1ZXIgYWx0ZXJh77+977+9bywgYWzvv71tIGRhcXVlbGFzIGNvbmNlZGlkYXMgcG9yIGVzdGEgbGljZW7vv71hLgo=Repositório de PublicaçõesPUBhttps://repositorio.ufmg.br/oaiopendoar:2023-10-23T21:22:07Repositório Institucional da UFMG - Universidade Federal de Minas Gerais (UFMG)false
dc.title.pt_BR.fl_str_mv Fiscal policy and regional inequality in brazil
dc.title.alternative.pt_BR.fl_str_mv Política fiscal e desigualdade regional no Brasil
title Fiscal policy and regional inequality in brazil
spellingShingle Fiscal policy and regional inequality in brazil
Guilherme Cardoso
Fiscal policy
Regional inequality
CGE model
Brazil
Política fiscal
Disparidades econômicas regionais
Economia regional
title_short Fiscal policy and regional inequality in brazil
title_full Fiscal policy and regional inequality in brazil
title_fullStr Fiscal policy and regional inequality in brazil
title_full_unstemmed Fiscal policy and regional inequality in brazil
title_sort Fiscal policy and regional inequality in brazil
author Guilherme Cardoso
author_facet Guilherme Cardoso
Débora Freire Cardoso
Kênia Barreiro de Souza
Luiz Carlos Santana Ribeiro
author_role author
author2 Débora Freire Cardoso
Kênia Barreiro de Souza
Luiz Carlos Santana Ribeiro
author2_role author
author
author
dc.contributor.author.fl_str_mv Guilherme Cardoso
Débora Freire Cardoso
Kênia Barreiro de Souza
Luiz Carlos Santana Ribeiro
dc.subject.por.fl_str_mv Fiscal policy
Regional inequality
CGE model
Brazil
topic Fiscal policy
Regional inequality
CGE model
Brazil
Política fiscal
Disparidades econômicas regionais
Economia regional
dc.subject.other.pt_BR.fl_str_mv Política fiscal
Disparidades econômicas regionais
Economia regional
description This paper aims to estimate the long-term impacts of an austerity policy in the Brazilian regions. Our main contribution is to measure those effects using a dynamic interregional general equilibrium model, capturing the indirect impacts in sectors and regions, in addition to the direct effects of the expenditure cuts. The main results show that the fiscal adjustment would attenuate growth in most of the Brazilian states by 2037. Municipalities located in the poorest regions would be relatively more affected. Furthermore, the adjustment would have a negative impact on regional inequalities in all scenarios, both at the state and municipal levels.
publishDate 2022
dc.date.issued.fl_str_mv 2022
dc.date.accessioned.fl_str_mv 2023-10-23T21:22:07Z
dc.date.available.fl_str_mv 2023-10-23T21:22:07Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/1843/59879
dc.identifier.doi.pt_BR.fl_str_mv https://doi.org/10.1590/1980-53575224dklg
dc.identifier.issn.pt_BR.fl_str_mv 1980-5357
dc.identifier.orcid.pt_BR.fl_str_mv https://orcid.org/0000-0002-0702-8992
https://orcid.org/0000-0001-5504-8552
https://orcid.org/0000-0002-6306-2044
https://orcid.org/0000-0001-6374-3811
url https://doi.org/10.1590/1980-53575224dklg
http://hdl.handle.net/1843/59879
https://orcid.org/0000-0002-0702-8992
https://orcid.org/0000-0001-5504-8552
https://orcid.org/0000-0002-6306-2044
https://orcid.org/0000-0001-6374-3811
identifier_str_mv 1980-5357
dc.language.iso.fl_str_mv por
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dc.relation.ispartof.pt_BR.fl_str_mv Estudos Econômicos
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade Federal de Minas Gerais
dc.publisher.initials.fl_str_mv UFMG
dc.publisher.country.fl_str_mv Brasil
dc.publisher.department.fl_str_mv FCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICAS
publisher.none.fl_str_mv Universidade Federal de Minas Gerais
dc.source.none.fl_str_mv reponame:Repositório Institucional da UFMG
instname:Universidade Federal de Minas Gerais (UFMG)
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instname_str Universidade Federal de Minas Gerais (UFMG)
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https://repositorio.ufmg.br/bitstream/1843/59879/2/Fiscal%20policy%20and%20regional%20inequality%20in%20Brazil.pdf
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