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Finanças Públicas Portuguesas Sustentáveis no Estado Novo (1933-1974)?

Author

Listed:
  • Ricardo Ferraz

    (Centro de Investigação GHES (do consórcio CSG) do ISEG e Assembleia da República)

Abstract

No período 1933-1974 vigorou em Portugal um regime político que defendeu o princípio de "finanças sãs". Tendo por base este pressuposto, o objectivo do presente estudo foi o de aferir do ponto de vista aplicado, se as finanças públicas portuguesas foram sustentáveis no referido horizonte temporal. Deste modo, recorrendo a testes de estacionaridade e de cointegração, concluiu-se que as finanças públicas portuguesas foram sustentáveis no período do Estado Novo (1933-1974).

Suggested Citation

  • Ricardo Ferraz, 2016. "Finanças Públicas Portuguesas Sustentáveis no Estado Novo (1933-1974)?," GEE Papers 0056, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Mar 2016.
    • Handle: RePEc:mde:wpaper:0056
    as

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    File URL: https://www.gee.gov.pt/RePEc/WorkingPapers/GEE_PAPERS_56.pdf
    File Function: First version, 2016
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    References listed on IDEAS

    as
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    3. Hakkio, Craig S & Rush, Mark, 1991. "Is the Budget Deficit "Too Large?"," Economic Inquiry, Western Economic Association International, vol. 29(3), pages 429-445, July.
    4. António Afonso, 2000. "Fiscal policy sustainability: some unpleasant European evidence," Working Papers Department of Economics 2000/12, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    5. António Afonso, 2005. "Fiscal Sustainability: The Unpleasant European Case," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 61(1), pages 19-44, March.
    6. Trehan, Bharat & Walsh, Carl E, 1991. "Testing Intertemporal Budget Constraints: Theory and Applications to U.S. Federal Budget and Current Account Deficits," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(2), pages 206-223, May.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Estado Novo; Sustentabilidade das Finanças Públicas.;

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

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