Existe influência da ideologia sobre o resultado fiscal dos governos estaduais brasileiros?

Authors

  • Paulo Roberto Arvate Fundação Getúlio Vargas. Escola de Economia de São Paulo. Escola de Administração de São Paulo
  • George Avelino Fundação Getúlio Vargas. Escola de Economia de São Paulo
  • Claudio Ribeiro Lucinda Fundação Getúlio Vargas. Escola de Economia de São Paulo

DOI:

https://doi.org/10.1590/S0101-41612008000400004

Keywords:

ideology, states governments, budgetary institutions

Abstract

This paper focuses on the influence of party ideology on fiscal behavior in Brazilian states between 1986 and 2005. To carry out its objectives, the paper first builds up a new variable to measure party ideology of both the state Executive and Legislative. The paper, also considers the series of institutional changes, hardening budget constraints, which occurred during the period. Three results stand out. First, party ideology does influence fiscal behavior. Second, right wing governments showed better fiscal behavior, mostly by increasing revenues. Finally, institutional changes mediated the influence of party ideology over fiscal behavior: left wing government showed better fiscal results, mostly as a reaction to the debt restructuring process; similarly, left wing legislatives showed better fiscal results as a reaction the Fiscal Responsibility Law. The results were obtained with a Panel Corrected Standard Errors (PCSE).

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Published

01-12-2008

Issue

Section

Não definida

How to Cite

Arvate, P. R., Avelino, G., & Lucinda, C. R. (2008). Existe influência da ideologia sobre o resultado fiscal dos governos estaduais brasileiros? . Estudos Econômicos (São Paulo), 38(4), 789-814. https://doi.org/10.1590/S0101-41612008000400004