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Artigo científico

Granger causality of the socioeconomic development indicator on fiscal management of Brazilian municipalities

Louzano, João Paulo de Oliveira; Abrantes, Luiz Antonio; Ferreira, Marco Aurélio Marques; Zuccolotto, Robson

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Resumo

The relationship between fiscal management and development has been the subject of many applied studies, but there are still incipient studies investigating the causal relationship between them. Based on the hypothesis that efficiency in fiscal management would result in better municipal socioeconomic indicators, the objective of this work was to investigate the relationship between fiscal management and development in 4,317 Brazilian municipalities in the period from 2006 to 2013 The regression model was used with panel data and Granger’s causality application. The results indicated that there is no causal relationship between fiscal management and development, It was also verified the causal relationship of development to fiscal management, demonstrating that efficient fiscal management does not always signal the efficient use of public resources to promote development.

Ficha do documento

Tipo
Artigo científico
Ano
2019
Instituição
Escola Brasileira de Administração Pública e de Empresas da Fundação Getulio Vargas (FGV EBAPE)
Idioma
Português
Acesso
Não informado
Identificador
oai:ojs.periodicos.fgv.br:article/78988
Licença
https://creativecommons.org/licenses/by/4.0

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