IDEAS home Printed from https://ideas.repec.org/p/cdp/texdis/td356.html
   My bibliography  Save this paper

Lei de responsabilidade fiscal e implicações na despesa de pessoal e de investimento nos municípios mineiros: um estudo com dados em painel dinâmico

Author

Listed:
  • Roberto Santolin

    (Cedeplar-UFMG)

  • Frederico G. Jayme Jr.

    (Cedeplar-UFMG)

  • Julio César dos Reis

    (Cedeplar-UFMG)

Abstract

This paper aims at analyzing the impacts of the Fiscal Responsibility Law (FRL) on total expenditures across municipalities in the State of Minas Gerais, Brazil. To accomplish the objectives of the paper, we analyzed the situation before and after the Law using a dynamic panel. There was convergence on expenditure and investments after the advent of the FRL. There has been identified a tendency for convergence in staff expenses among Minas Gerais’ municipalities. Besides, it has also been possible to identify processes of convergence in investments, with relative reduction in its overall value. These have been associated, on the one hand, with convergence and increase in staff expenses; on the other, with restrictions on credit operations imposed by the law.

Suggested Citation

  • Roberto Santolin & Frederico G. Jayme Jr. & Julio César dos Reis, 2009. "Lei de responsabilidade fiscal e implicações na despesa de pessoal e de investimento nos municípios mineiros: um estudo com dados em painel dinâmico," Textos para Discussão Cedeplar-UFMG td356, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td356
    as

    Download full text from publisher

    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20356.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Fiscal Responsibility Law; Municipal Finance; Dynamic Panel;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

    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:cdp:texdis:td356. 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: Gustavo Britto (email available below). General contact details of provider: https://edirc.repec.org/data/pufmgbr.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.