FISCAL CONDITIONS AND INTERNATIONAL ECONOMIC CRISIS: AN ANALYSIS BETWEEN SÃO PAULO AND RIO DE JANEIRO MUNICIPALITIES

William Gledson e Silva (), Francisco Danilo da Silva Ferreira () and Ana Cristina Nogueira Maia ()
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William Gledson e Silva: Universidade Federal do Rio Grande do Norte (UFRN)
Francisco Danilo da Silva Ferreira: Universidade Federal do Rio Grande do Norte (UFRN)
Ana Cristina Nogueira Maia: Faculdade Regional Brasileira (Unirb)

Revista de Economia Mackenzie (REM), 2021, vol. 18, issue 1, 92-114

Abstract: This paper aimed to comparatively analyze the municipal fiscal condition of São Paulo (SP) and Rio de Janeiro (RJ), whose relation of own revenues and the ones resulting from intergovernmental transfers, besides Personnel (DP), Investment (DI) and Social Expenses (DS), have been linked to the resource gap, in the period 2001 to 2015. Methodologically, it used a couple of periods before and after the context of the 2008 crisis were used, likewise, the research results were measured through static panel data model. Finally, the paper reached evidence that indicated a predominance of federal intergovernmental transfers in the increase of the resource gap, and a fiscal deficit due to personnel expenses (more emphatically) compared to the others, within the context of crisis.

Keywords: Fiscal condition; 2008 crisis; Municipalities; São Paulo; Rio de Janeiro. (search for similar items in EconPapers)
JEL-codes: C23 G01 H70 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:18:1:2021:jan:jun:p:92-114

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