Relação entre gastos públicos e crescimento econômico: uma análise sobre os municípios de Pernambuco de 2011 a 2015

Abstract

In recent times, a concern about public spending on economics has become one of the recurring themes, without which search to understand the role of devices and their relationship with the level of economic activity. From this perspective, the present study investigated the relationship between public spending at the municipal level of growth of the Gross Domestic Product. Public expenditures related to health and sanitation, education and culture, care and welfare, housing and urbanism, and the impact of municipal revenues on GDP were analyzed. Thus, a survey sample limited 178 municipalities from Pernambuco out of 185 existing for lack of information. The data were taken by the CONDEPE-FIDEM Agency and the National Treasury Secretariat (STN). The period between 2011 and 2015 was chosen because it presented the largest amount of information about the municipalities. In order to identify the relationship between spending and municipal economic growth, four economic models were estimated from the Ordinary Least Squares Method in cross section. The results of the estimates given by spending on education and culture; housing and urbanism; and health and sanitation were statistically without growth in municipal output; showing that public spending in these areas contributes positively to municipal GDP.