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Granger causality of the socioeconomic development indicator on fiscal management of Brazilian municipalities

机译:巴西市政财政管理中社会经济发展指标的格兰杰因果关系

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The relationship between fiscal management and development has been the subject of many applied studies, but there are still incipient studies investigating the causal relationship between them. Based on the hypothesis that efficiency in fiscal management would result in better municipal socioeconomic indicators, the objective of this work was to investigate the relationship between fiscal management and development in 4,317 Brazilian municipalities in the period from 2006 to 2013 The regression model was used with panel data and Granger’s causality application. The results indicated that there is no causal relationship between fiscal management and development, It was also verified the causal relationship of development to fiscal management, demonstrating that efficient fiscal management does not always signal the efficient use of public resources to promote development.
机译:财政管理与发展之间的关系一直是许多应用研究的主题,但是仍存在一些初期研究来探讨它们之间的因果关系。基于财务管理效率将导致更好的市政社会经济指标的假设,这项工作的目的是调查2006年至2013年期间巴西4,317个市政厅的财务管理与发展之间的关系。数据和Granger的因果关系应用程序。结果表明,财政管理与发展之间没有因果关系,也验证了发展与财政管理之间的因果关系,表明有效的财政管理并不总是表明有效利用公共资源促进发展。

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