GADELHA, Sérgio Ricardo de Brito
Política fiscal anticíclica, crise financeira internacional e crescimento econômico no Brasil - São Paulo : Editora34, dez. 2011
Countercyclical fiscal policy, international financial crisis and economic growth in Brazil. This study analyzes the long run equilibrium relationship and causality between economic growth and public expendicture in Brazil covering the period 1980-2008. The empirical results of the Granger causality test in a multivariate framework have shown up the importance of public investments not only to face the adverse effects of the international financial crisis, but also in stimulating the economic growth. Also, the results indicate the need of controlling the growing path of other current expenditure, social security and public debt
Política Fiscal
Crise Econômica
Economia Keynesiana
Econometria
Brasil
Brasil
Política fiscal anticíclica, crise financeira internacional e crescimento econômico no Brasil - São Paulo : Editora34, dez. 2011
Countercyclical fiscal policy, international financial crisis and economic growth in Brazil. This study analyzes the long run equilibrium relationship and causality between economic growth and public expendicture in Brazil covering the period 1980-2008. The empirical results of the Granger causality test in a multivariate framework have shown up the importance of public investments not only to face the adverse effects of the international financial crisis, but also in stimulating the economic growth. Also, the results indicate the need of controlling the growing path of other current expenditure, social security and public debt
Política Fiscal
Crise Econômica
Economia Keynesiana
Econometria
Brasil
Brasil
