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The Fiscal Responsability Law ant the microregions of the State do Rio Grande do Sul: an emperical analysis

Authors
  • Gilberto de Oliveira Veloso

  • Anderson Mutter Teixeira

Keywords:
Finanças públicas - Métodos estatísticos
Abstract
After the implantation the of Fiscal Responsibility Law (LRF) the Brazilian municipal districts were submitted to a fiscal discipline and the results, after introducing the new institutional configuration, were shown by the budget accounting given for the Clerkship of the National Treasure (STN) starting from the year 2000. On initial analysis, on a national level, were indicated favorable results for the execution of the new Law for the municipal districts. The general objective of this work was to verify if the municipal districts of the Rio Grande do Sul state corroborated relatively to the alignment hypothesis of LRF stipulated for the Executive Power of the index of personnel expenses with liquid current revenue. It was used, for that goal, a econometric logit model for microregiões (COREDES) of the Rio Grande do Sul state for the years of 2001 and 2002. The results indicated some prudence in the fiscal policies of the gaúcho municipal districts.
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