Intervenção governamental, crescimento e bem-estarefeitos da política de equalização das taxas de juros do crédito rural nas regiões brasileiras

Resumo

The paper's overall objective is to evaluate the impacts of government spending with the Interest Rates Equalization (IRE) policy in the economic growth and welfare of the five Brazilian macro-regions. Simulations were performed using the model, database and software of the General Equilibrium Analysis Project of the Brazilian Economy (PAEG). The results show that the IRE policy provides economic growth in the Midwest, Northeast, and South regions that are greater than the cost of the policy. Moreover, in the North and East regions there is a decrease in the GDP. For Brazil, the policy is cost-effective and offers a 34% return. Furthermore, all regions are benefiting in terms of welfare. We conclude that the IRE policy is efficient and contributes to reducing regional disparities.

Ficha do documento

Tipo

Artigo científico

Ano

2014

Instituição

Nova Economia

Fonte

Repositório da FGV

Idioma

Português

Acesso

Acesso aberto

DOI

10.1590/0103-6351/1281

Identificador

oai:repositorio.fgv.br:10438/20820

Temas

EconomiaModelagem EconômicaDesenvolvimento RegionalDesenvolvimento Econômico

Palavras-chave

SubsidiesEconomic growthWelfareGeneral equilibriumBrazilian regionsSubsídiosCrescimento econômicoBem-estarEquilíbrio geralRegiões brasileirasEconomiaBem-estar econômicoCrédito ruralTaxas de juros