Municipal institutional development indicator: impacts on the economy of Brazilian municipalities

Authors

DOI:

https://doi.org/10.1590/0101-41615046lhsa

Keywords:

Institutions, Growth, Municipalities

Abstract

In the face of regional socioeconomic disparities in Brazil and theories that defend the role of
institutions in economic development, the present study contemplates two complementary
objectives. The first is to evaluate the institutional performance of municipalities through the
elaboration of an indicator of institutional development; the second is to understand the
impact of this indicator on the per capita municipal gross domestic product. To do so, a
combination of multivariate analysis and Spacial Two-Stage Least Squares (S2SLS)
techniques is used. The results suggest that the indicator has a positive effect on the per capita
GDP level of the Brazilian municipalities.

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Published

09-12-2020

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Section

Articles

How to Cite

Leão, L., Ribeiro, H. M. D., Bastos, S. Q. de A. ., & Hermeto, A. M. . (2020). Municipal institutional development indicator: impacts on the economy of Brazilian municipalities. Estudos Econômicos (São Paulo), 50(4), 733-766. https://doi.org/10.1590/0101-41615046lhsa