RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY

Detalhes bibliográficos
Autor(a) principal: Marques Junior, Liderau dos Santos
Data de Publicação: 2015
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/41890
Resumo: The paper investigates the effects of fiscal policy in Brazilian economy during the 1995-2009 period. For that, presents the ricardian equivalence hypothesis and discuss theoretical objections. From the vector autoregressive (VAR) approach, the paper analyzes the reaction of the variables national saving/GDP and private consumption/GDP to impulses in the variables of fiscal policy tax burden and government consumption/GDP. The results indicate that the effects of shocks in the tax burden are not ricardians in the Brazilian case.
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spelling RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMYEQUIVALÊNCIA RICARDIANA E OS EFEITOS DA POLÍTICA FISCAL NA ECONOMIA BRASILEIRAPolítica fiscalEquivalência ricardianaModelo vetor autorregressivoC32E6E62Fiscal policyRicardian equivalenceVector autoregressiveC32E6E62The paper investigates the effects of fiscal policy in Brazilian economy during the 1995-2009 period. For that, presents the ricardian equivalence hypothesis and discuss theoretical objections. From the vector autoregressive (VAR) approach, the paper analyzes the reaction of the variables national saving/GDP and private consumption/GDP to impulses in the variables of fiscal policy tax burden and government consumption/GDP. The results indicate that the effects of shocks in the tax burden are not ricardians in the Brazilian case.Este artigo analisa os efeitos da política fiscal na economia brasileira no período de 1995 a 2009. Para tanto, apresenta a hipótese da equivalência ricardiana e discute as objeções teóricas. A partir de uma abordagem de vetor autorregressivo (VAR), analisa-se a resposta das variáveis poupança nacional/PIB e consumo privado/PIB a impulsos nas variáveis de política fiscal, carga tributária e consumo do governo/PIB. Os resultados indicam que os efeitos de choques na carga tributária não são ricardianos no caso brasileiro.UFRGS2015-09-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/4189010.22456/2176-5456.41890Análise Econômica; Vol. 33 No. 64 (2015): setembro de 2015Análise Econômica; v. 33 n. 64 (2015): setembro de 20152176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/41890/34912Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessMarques Junior, Liderau dos Santos2015-09-01T23:17:54Zoai:seer.ufrgs.br:article/41890Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2015-09-01T23:17:54Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
EQUIVALÊNCIA RICARDIANA E OS EFEITOS DA POLÍTICA FISCAL NA ECONOMIA BRASILEIRA
title RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
spellingShingle RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
Marques Junior, Liderau dos Santos
Política fiscal
Equivalência ricardiana
Modelo vetor autorregressivo
C32
E6
E62
Fiscal policy
Ricardian equivalence
Vector autoregressive
C32
E6
E62
title_short RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
title_full RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
title_fullStr RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
title_full_unstemmed RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
title_sort RICARDIAN EQUIVALENCE AND THE EFFECTS OF FISCAL POLICY IN THE BRAZILIAN ECONOMY
author Marques Junior, Liderau dos Santos
author_facet Marques Junior, Liderau dos Santos
author_role author
dc.contributor.author.fl_str_mv Marques Junior, Liderau dos Santos
dc.subject.por.fl_str_mv Política fiscal
Equivalência ricardiana
Modelo vetor autorregressivo
C32
E6
E62
Fiscal policy
Ricardian equivalence
Vector autoregressive
C32
E6
E62
topic Política fiscal
Equivalência ricardiana
Modelo vetor autorregressivo
C32
E6
E62
Fiscal policy
Ricardian equivalence
Vector autoregressive
C32
E6
E62
description The paper investigates the effects of fiscal policy in Brazilian economy during the 1995-2009 period. For that, presents the ricardian equivalence hypothesis and discuss theoretical objections. From the vector autoregressive (VAR) approach, the paper analyzes the reaction of the variables national saving/GDP and private consumption/GDP to impulses in the variables of fiscal policy tax burden and government consumption/GDP. The results indicate that the effects of shocks in the tax burden are not ricardians in the Brazilian case.
publishDate 2015
dc.date.none.fl_str_mv 2015-09-01
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://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/41890
10.22456/2176-5456.41890
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/41890
identifier_str_mv 10.22456/2176-5456.41890
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/41890/34912
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 33 No. 64 (2015): setembro de 2015
Análise Econômica; v. 33 n. 64 (2015): setembro de 2015
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
_version_ 1799766267447476224

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