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O impacto da qualidade das instituições no crescimento econômico dos municípios do Espírito Santo

Author

Listed:
  • Sávio Bertochi Caçador

    (Universidade Federal do Espírito Santo (Ufes))

  • Edson Zambon Monte

    (Universidade Federal do Espírito Santo (Ufes))

  • Robson Antonio Grassi

    (Universidade Federal do Espírito Santo (Ufes))

Abstract

Espírito Santo is nationally recognized as an example of institutional evolution and constant improvement in the quality of its public policies in recent decades, but there was still no study of this type about its municipalities. The objective of this work is to verify whether the quality of municipal institutions in Espírito Santo positively influences their growth rates, using data from 2000 and 2010. Regarding the empirical strategy, the method of Least Squares in Two Stages is adopted, making the use of regression models for cross-sectional data (specific regressions for the years 2000 and 2010) and panel data (using a panel of indi-vidual fixed effects). The results reveal that the quality of institutions had a posi-tive impact on the growth of municipalities in Espírito Santo in both models.

Suggested Citation

  • Sávio Bertochi Caçador & Edson Zambon Monte & Robson Antonio Grassi, 2022. "O impacto da qualidade das instituições no crescimento econômico dos municípios do Espírito Santo," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, vol. 19(2), pages 275-300, july-dece.
    • Handle: RePEc:aft:journl:v:19:2:2022:jul:dec:p:275-300
    DOI: 10.5935/1808-2785/rem.v19n2p.275-300
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    More about this item

    Keywords

    economic growth; cross-sectional data; panel data; economy of Espírito Santo; institutions.;
    All these keywords.

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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