IDEAS home Printed from https://ideas.repec.org/a/nov/artigo/v21y2011i2p263-280.html
   My bibliography  Save this article

Uma retomada da discussão sobre a sustentabilidade da política fiscal do Rio Grande do Sul [Resumption of discussions on the sustainability of the fiscal policy in the state of Rio Grande do Sul]

Author

Listed:
  • Liderau dos Santos Marques Júnior

    (Fundação de Economia e Estatística Siegfried Emanuel Heuser)

  • Paulo de Andrade Jacinto

    (PUCRS)

Abstract

This paper investigates the sustainability of the fiscal policy in the state of Rio Grande do Sul for two periods: 1970 to 1997 and 1970 to 2003. From 1970 to 2003, the fiscal policy was characterized by primary deficits and the accumulation of public debt. Regardless of the deterioration of its tax situation, the State never determined the non-payment of its public debt, which suggests the sustainability of the fiscal policy during the two periods. Co-integration tests support the evidence of sustainability during the periods in question.

Suggested Citation

  • Liderau dos Santos Marques Júnior & Paulo de Andrade Jacinto, 2011. "Uma retomada da discussão sobre a sustentabilidade da política fiscal do Rio Grande do Sul [Resumption of discussions on the sustainability of the fiscal policy in the state of Rio Grande do Sul]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 21(2), pages 263-280, May-Augus.
  • Handle: RePEc:nov:artigo:v:21:y:2011:i:2:p:263-280
    as

    Download full text from publisher

    File URL: http://www.scielo.br/scielo.php?script=sci_pdf&pid=S0103-63512011000200004&lng=en&nrm=iso&tlng=pt
    Download Restriction: no

    File URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-63512011000200004&lng=en&nrm=iso&tlng=pt
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    intertemporal budget equilibrium; co-integration tests; fiscal policy;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nov:artigo:v:21:y:2011:i:2:p:263-280. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucas Resende de Carvalho (email available below). General contact details of provider: https://edirc.repec.org/data/fufmgbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.