Ciclos políticos e resultados fiscais na América Latina
Abstract
This paper seeks to empirically examine the presence of budgetary political cycles in the fiscal behavior of Latin American countries, using panel data for the period 1990 to 2017. It was evidenced that part of the macroeconomic and fiscal results go through political-economic cycles and are affected by the political-institutional structure of the countries. The results imply that the advancement of democracy in Latin America is capable of containing the size of state participation in the economies of the region, generating the stability necessary for the reduction of public debt and improvement of fiscal performance.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Daniel Lins Batista Guerra, José Luis da Silva Netto Junior , Edilean Kleber da Silva Bejarano Aragón
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
