Análises da dinâmica orçamentária dos municípios brasileiros: Uma aplicação da metodologia var com dados emphilhados

Arbeitspapier

The paper estimates a panel-VAR using data on total expenditures, tax receipts and overall grants received for 5.544 Brazilian municipalities observed from 2002 through 2010. A sequence of hypotheses was investigated by the means of overidentification test statistics. Among our main findings, we underscore there exists evidence of change in the fiscal behavior of the municipalities, but which in average support the tax and spend hypothesis, as well as the flypaper effect of grants over expenditures. We also find there is a lot more dynamics in the expenditure compared to own revenues. We believe these results shed light on some important aspects of the municipal budget dynamics.

Objekt anzeigen

• Sprache: Portugiesisch

Verweise und Beziehungen

• Erschienen in: Series: Texto para Discussão ; No. 1685

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Hypothesis Testing: General ; Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models ; State and Local Budget and Expenditures

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Schettini, Bernardo Patta
• Ereignis: Veröffentlichung
• (wer): Instituto de Pesquisa Econômica Aplicada (IPEA)
• (wo): Brasília
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/91278