O efeito dos programas de transferência de renda na economia dos municípios pernambucanos: uma análise para o período 2006-2014.

Abstract

In 2004, the “Bolsa Família” program was launched in Brazil, which, together with the “Benefício de Prestação Continuada [1993]”, represent the main Brazilian income transfer programs. From the 2000s, these programs were the subject of relevant research productions that sought to assess their impacts on various dimensions of the lives of families, individuals benefited, and the economy as a whole (national and city). The investigation of the relationship between these two programs and the formal labor market, family income, and the income of the municipalities of Pernambuco constitute the main objective of this work.. Using the panel data methodology, where individuals were the 185 municipalities of Pernambuco, observed in the period from 2006 to 2014, three equations were estimated with the objective of testing the hypothesis of the association of income transfer programs with employment, family income and the GDP of municipalities. The results indicate a positive effect of the PBF on the variables employment, household income, and municipal GDP, but the BPC, when considering the number of beneficiaries, has an effect only on household income.