Uma retomada da discussão sobre a sustentabilidade da política fiscal do Rio Grande do Sul [Resumption of discussions on the sustainability of the fiscal policy in the state of Rio Grande do Sul]

Liderau dos Santos Marques Júnior and Paulo de Andrade Jacinto
Additional contact information
Liderau dos Santos Marques Júnior: Fundação de Economia e Estatística Siegfried Emanuel Heuser
Paulo de Andrade Jacinto: PUCRS

Nova Economia, 2011, vol. 21, issue 2, 263-280

Abstract: This paper investigates the sustainability of the fiscal policy in the state of Rio Grande do Sul for two periods: 1970 to 1997 and 1970 to 2003. From 1970 to 2003, the fiscal policy was characterized by primary deficits and the accumulation of public debt. Regardless of the deterioration of its tax situation, the State never determined the non-payment of its public debt, which suggests the sustainability of the fiscal policy during the two periods. Co-integration tests support the evidence of sustainability during the periods in question.

Keywords: intertemporal budget equilibrium; co-integration tests; fiscal policy (search for similar items in EconPapers)
JEL-codes: C2 E62 H72 H74 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.scielo.br/scielo.php?script=sci_pdf&pid ... g=en&nrm=iso&tlng=pt (application/pdf)
http://www.scielo.br/scielo.php?script=sci_arttext ... g=en&nrm=iso&tlng=pt (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nov:artigo:v:21:y:2011:i:2:p:263-280

Ordering information: This journal article can be ordered from
Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil
https://revistas.fac ... dex.php/novaeconomia

Access Statistics for this article

Nova Economia is currently edited by Gustavo de Britto Rocha

More articles in Nova Economia from Economics Department, Universidade Federal de Minas Gerais (Brazil) Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Lucas Resende de Carvalho ().