具有横截面依赖性的面板数据模型的公共财政可持续性:对巴西各州的分析

Q4 Economics, Econometrics and Finance Nova Economia Pub Date : 2023-04-01 DOI:10.1590/0103-6351/7588

Eduardo Lima Campos, Rubens Penha Cysne

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引用次数: 0

摘要

摘要本研究利用2006年至2020年的季度收入和支出数据，调查了巴西各州公共财政的可持续性，旨在识别具有相似模式的各州群体。采用的技术是面板数据模型，通过控制状态之间的相互依赖来避免错误的推断。我们发现了两种清晰的模式，从中我们确定了只有9个州的财政可持续组和由其余州组成的不可持续组。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Public finances sustainability by panel data models with cross-sectional dependence: analysis of Brazilian states

Abstract This study investigates the sustainability of Brazilian states’ public finances with quarterly revenue and expenses data from 2006 to 2020, aimed at the identification of groups of states that share similar patterns. The technique adopted is a panel data model that avoids mistaken inferences by controlling for cross-dependence among states. We find two clear patterns, from which we identify a fiscally sustainable group of only 9 states and an unsustainable group, comprising the remaining ones.

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来源期刊

Nova Economia Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.60

自引率

0.00%

发文量

审稿时长

53 weeks

期刊介绍： Nova Economia is the journal of the Economics Department at Universidade Federal de Minas Gerais (Brazil). It publishes articles and book reviews in all areas of economics and related disciplines. Nova Economia adopts a pluralistic orientation and welcomes papers in all research traditions and theoretical schools. Submisssions are peer-reviewed and scholarly standards are the sole criteria for editorial decisions. Nova Economia is published three times a year and offers free on-line access to the full articles published from 2000 on.