Efeito dose resposta do Fundo Constitucional de financiamento do Centro-Oeste (FCO) do estado de Goiás

Arbeitspapier

The study evaluates the Constitutional Financing Fund for the Center-West (FCO) in the state of Goiás between the years 2004 and 2011, using Rais microdata, and loans from the FCO "Empresarial" Program. The results show a positive and statistically significant impact of the FCO on employment and wage growth at the firm level. We use the Propensity Score Matching (PSM) and the Generalized Propensity Score (GPS) methods. The GPS identifies the treatment variable as continuous. This approach is original in the literature on regional funds evaluation. Moreover, the dose response results indicate that the loans values affect wages and employment, as well the PSG results suggest that around the limit of R$ 200,000.00 the proportional variation of employment and wages are higher as higher are the loans.

Object Details

• Language: Portugiesisch

References and Relationships

• Bibliographic citation: Series: Texto para Discussão ; No. 2133

Classification and Topics

• Classification: Wirtschaft ; Model Evaluation, Validation, and Selection ; Regional Development Planning and Policy
• Subject: Constitutional Financing Fund ; impact evaluation ; Generalized Propensity Score

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Oliveira, Guilherme Resende ; de Menezes, Rafael Terra ; Resende, Guilherme Mendes
• Event: Veröffentlichung
• (who): Instituto de Pesquisa Econômica Aplicada (IPEA)
• (where): Brasília
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/121598
• Last update: 10.03.2025, 11:43 AM CET