Desempenho fiscal e os impactos sobre as responsabilidades fiscal e social nos estados e regiões brasileiras

Resumo

The article analyzes the fiscal performance of the brazilian states at national and
 regional level in the period 1985-2002, aiming to investigate both the fallacy
 concerning the eventual trade-off between fiscal and social responsibility, and to
 describe the effects of the political cycles of the constitutional devices instituted in the decades of 1980 and 1990, such as the amendment of the reelection and the Federal
 Law no 9496/1997 of renegotiation of the state debts under the ethics of fiscal
 responsibility. Econometric panel data models with fixed effects were estimated in four specifications at national level and other three ones for the main regions of the country so as to capture the impacts of the regional disparities. It is verified that exist no trade-off between such a responsibilities in all of the specifications, aggregated or not, performed. However, in relation to the political determinants of the fiscal policy in the states, the Northeastern and Southern regions match the results with the national level, while indicating the existence of opportunism political cycles and a greater political control from the reelection amendment. Particularly in the Southeast, this policy contributed negatively with the fiscal performance of the states, and the instruments of fiscal policy, such as the law of renegotiation state debts, shown to be ineffective in providing viability to the limits to the Fiscal Responsibility Federal Law (LRF).

Ficha do documento

Tipo

Estudo

Ano

2008

Instituição

Instituto de Pesquisa Econômica Aplicada (Ipea)

Fonte

Repositório do Ipea

Idioma

Português

Acesso

Acesso aberto

Identificador

oai:repositorio.ipea.gov.br:11058/1469

Licença

Licença Comum

Abrangência

Brasil; Estados brasileiros; 1985-2002

Temas

Finanças PúblicasDesenvolvimento Regional

Palavras-chave

Desempenho fiscalPolítica fiscalResponsabilidade fiscalResponsabilidade socialComportamento fiscalLei de Responsabilidade Fiscal (LRF)