THE ANALYSIS ABOUT THE IMPACT OF BRAZIL PUBLIC DEBT IN THE GOVERNMENT EXPENSES IN THE PERIOD FROM 1999 TO 2013

Gustavo Henrique Castro, Luan Vinícius Bernardelli () and Fernando Antônio Sorgi ()
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Luan Vinícius Bernardelli: Universidade Estadual do Norte do Paraná
Fernando Antônio Sorgi: Universidade Estadual do Norte do Paraná

Revista de Economia Mackenzie (REM), 2014, vol. 12, issue 1, 35-50

Abstract: Through data released by the Central Bank of Brazil (BCB) and the International Monetary Fund (IMF) was performed an analysis of the Brazilian public debt the years 1999 to 2013 relating public debt issues, spending on debt and the interest rate paid by the government, making a comparison with other Brics countries. We could see the change in the debt portfolio, giving priority to domestic borrowing and sought to demonstrate the strengths and weaknesses of this. Were also highlighted peculiar characteristics that led Brazil to have one of the most expensive debt in the world. Finally, an econometric analysis was carried out through a multiple regression, using the method of ordinary least squares (OLS) that will show the relationship between expenditure and total government revenue and total net debt.

Keywords: Gross debt; External debt; Domestic debt. (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:12:1:2014:2015:p:35-50

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