The influence of political-economic cycles in socio-economic expenses in the brazilian states from 2003 to 2014

• Autor(a) principal: Puchale, Caroline Lucion
• Data de Publicação: 2020
• Outros Autores: Pereira, Ohanna Larissa Fraga, Veloso, Gilberto Oliveira, Feistel, Paulo Ricardo
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Política & Sociedade (Online)
• Texto Completo: https://periodicos.ufsc.br/index.php/politica/article/view/2175-7984.2020v19n44p229

According to the theory of political-economic cycles, both the electoral calendar and party ideology may exert influence over economic fluctuations, so there may be both opportunist and partisan cycles. In this sense, this study aims to highlight the possible existence of opportunistic and ideological political-economic cycles on social and investment spending in Brazilian state governments between 2003 and 2014. As a source of estimation, an econometric data analysis on panel. The results pointed to an influence of the electoral calendar only on the budget expenditures of investment expenditures of the states during the period considered. In addition, party ideology has not been shown to be related to the expenditures analyzed. This study contributed to the theory by showing that the oscillations incurred in the economy, in the sphere of fiscal expenses related to investment expenditures, are also explained by political variables, and not only by purely economic questions.