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Estudo

Investimentos dos governos subnacionais no Brasilestimação e análise por modelos de espaço de estado

Orair, Rodrigo Octávio; Silva, Wesley de Jesus

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Resumo

There are many problems involved in estimating high frequency series for subnational governments. Space State Model (SSM) is a framework capable of handling 
 some of these problems. The techniques that emerge from this approach (temporal 
 disaggregation and nowcasting) are used to estimate monthly series for capital investments by subnational governments in Brazil during 2002-2011. SSM are also 
 used to analyze the dynamic properties of time series. One of the most interesting results is the newly evidence of electoral cycles on investments of both municipalities 
 and states in Brazil. These techniques might be easily generalized for other relevant series. The main objective of this work is to present a methodological framework 
 for estimating and analyzing the development of high frequency series for Brazilians subnational governments. It offers a useful instrument for monitoring fiscal policy and for applied macroeconomic research.
 
 The versions in English of the abstracts of this series have not been edited by Ipea’s editorial department. 
 
 results is the newly evidence of electoral cycles on investments of both municipalities 
 and states in Brazil. These techniques might be easily generalized for other 
 relevant series. The main objective of this work is to present a methodological framework 
 for estimating and analyzing the development of high frequency series for 
 Brazilians subnational governments. It offers a useful instrument for monitoring 
 fiscal policy and for applied macroeconomic research.

Ficha do documento

Tipo
Estudo
Ano
2012
Instituição
Instituto de Pesquisa Econômica Aplicada (Ipea)
Idioma
Português
Acesso
Acesso aberto
Identificador
oai:repositorio.ipea.gov.br:11058/1076
Licença
Licença Comum
Abrangência
Brasil

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