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- W2240705429 abstract "The goal of this paper is to evaluate the eects of public expenditure composition on the growth of per capita income of the Brazilian municipalities in the period 1991-2000. The model by Devarajan et alii (1996) was used as reference to verify how structural variables, such as education, income distribution, and violence, in addition to the fiscal policy aect local economic growth, controlling for the level of per capita income. The results indicate that municipalities with per capita income below the poverty line, as defined by the World Bank, have a higher necessity for current spending than those which are above that line. Estimated quadratic functional forms allowed deriving optimal compositions for the public spending which maximize economic growth according to the position of the municipal district in relation to the poverty line." @default.
- W2240705429 created "2016-06-24" @default.
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- W2240705429 date "2009-02-13" @default.
- W2240705429 modified "2023-09-24" @default.
- W2240705429 title "Composição dos Gastos Públicos e Crescimento Econômico dos Municípios Brasileiros" @default.
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