Gasto público e crescimento econômicotestando a hipótese da de Wagner à economia brasileira (1996-2016)

Resumo

In this paper we examined the relation between the public expenditure and the economic growth in the Brazilian economy in the last two decades (1996-2016), which were marked by politicaleconomic ruptures, both internal and external. Under the dynamic of this relation, theoretically interpreted as Wagner’s Law, there are several formulations, being here treated three of them: Peacock and Wiseman (1961), Gupta (1967) and Goffman (1968). The results of all three formulations do not allow to ratify the hypothesis proposed by the Wagner’s Law, despite the evident expansion of the public expenditure in the last decades, result that suggests that the share of the public expenditure in income has maintained in the long term. In contrast, in the short term, the elasticity of public expenditure shows that transitory changes increased the size of governmental expenditure in relation to the income growth, conditioning consequently the dynamic of public expenditure.

Ficha do documento

Tipo

Artigo científico

Ano

2019

Instituição

Instituto de Pesquisa Econômica Aplicada (Ipea)

Fonte

Repositório do Ipea

Idioma

Português

Acesso

Acesso aberto

Identificador

oai:repositorio.ipea.gov.br:11058/9977

Licença

Licença Comum

Abrangência

Brasil; 1996-2016

Temas

EconomiaFinanças PúblicasDesenvolvimento Econômico

Palavras-chave

Desenvolvimento EconômicoGastos PúblicosDesenvolvimento Econômico e SocialGasto públicoLei de WagnerEconomia brasileira