Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth

This article investigates the effects of the investments made by the Northeast Financing Constitutional Fund (FNE) on the economic growth of that region's municipalities in the decade of 2000. To that end, it uses an empirical framework based on growth models that make it possible to form conve...

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Autores principales: Soares, Ricardo Brito, Linhares, Fabrício Carneiro, Gonçalves, Marcos Falcão, Viana, Luiz Fernando Gonçalves
Formato: Texto
Lenguaje:English
Publicado: 2014
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Acceso en línea:http://hdl.handle.net/11362/37429
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spelling oai-11362-374292020-03-06T16:50:27Z Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth Soares, Ricardo Brito Linhares, Fabrício Carneiro Gonçalves, Marcos Falcão Viana, Luiz Fernando Gonçalves CRECIMIENTO ECONOMICO DESARROLLO REGIONAL GOBIERNO MUNICIPAL FINANCIACION DEL DESARROLLO FONDOS EVALUACION MODELOS ECONOMETRICOS ADMINISTRACION PUBLICA ECONOMIC GROWTH REGIONAL DEVELOPMENT MUNICIPAL GOVERNMENT DEVELOPMENT FINANCE FUNDS EVALUATION ECONOMETRIC MODELS PUBLIC ADMINISTRATION This article investigates the effects of the investments made by the Northeast Financing Constitutional Fund (FNE) on the economic growth of that region's municipalities in the decade of 2000. To that end, it uses an empirical framework based on growth models that make it possible to form convergence clubs according to the municipalities' initial development level. The results corroborate the empirical strategy and reveal the existence of four groups of municipalities, in which investment flows through the FNE have different effects on growth. In general, the FNE produces positive and significant effects in most municipalities of the Northeast, except for those whose gross domestic product (GDP) per capita was either very low or very high at the start of the decade, in which case its effects are not significant. 2014-12-10T15:14:59Z 2014-12-10T15:14:59Z 2014-08 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/37429 LC/G.2614-P 10 en CEPAL Review CEPAL Review 113 .pdf application/pdf BRASIL BRAZIL
institution Cepal
collection Cepal
language English
topic CRECIMIENTO ECONOMICO
DESARROLLO REGIONAL
GOBIERNO MUNICIPAL
FINANCIACION DEL DESARROLLO
FONDOS
EVALUACION
MODELOS ECONOMETRICOS
ADMINISTRACION PUBLICA
ECONOMIC GROWTH
REGIONAL DEVELOPMENT
MUNICIPAL GOVERNMENT
DEVELOPMENT FINANCE
FUNDS
EVALUATION
ECONOMETRIC MODELS
PUBLIC ADMINISTRATION
spellingShingle CRECIMIENTO ECONOMICO
DESARROLLO REGIONAL
GOBIERNO MUNICIPAL
FINANCIACION DEL DESARROLLO
FONDOS
EVALUACION
MODELOS ECONOMETRICOS
ADMINISTRACION PUBLICA
ECONOMIC GROWTH
REGIONAL DEVELOPMENT
MUNICIPAL GOVERNMENT
DEVELOPMENT FINANCE
FUNDS
EVALUATION
ECONOMETRIC MODELS
PUBLIC ADMINISTRATION
Soares, Ricardo Brito
Linhares, Fabrício Carneiro
Gonçalves, Marcos Falcão
Viana, Luiz Fernando Gonçalves
Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth
description This article investigates the effects of the investments made by the Northeast Financing Constitutional Fund (FNE) on the economic growth of that region's municipalities in the decade of 2000. To that end, it uses an empirical framework based on growth models that make it possible to form convergence clubs according to the municipalities' initial development level. The results corroborate the empirical strategy and reveal the existence of four groups of municipalities, in which investment flows through the FNE have different effects on growth. In general, the FNE produces positive and significant effects in most municipalities of the Northeast, except for those whose gross domestic product (GDP) per capita was either very low or very high at the start of the decade, in which case its effects are not significant.
format Texto
author Soares, Ricardo Brito
Linhares, Fabrício Carneiro
Gonçalves, Marcos Falcão
Viana, Luiz Fernando Gonçalves
author_facet Soares, Ricardo Brito
Linhares, Fabrício Carneiro
Gonçalves, Marcos Falcão
Viana, Luiz Fernando Gonçalves
author_sort Soares, Ricardo Brito
title Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth
title_short Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth
title_full Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth
title_fullStr Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth
title_full_unstemmed Brazil’s Northeast Financing Constitutional Fund: Differentiated effects on municipal economic growth
title_sort brazil’s northeast financing constitutional fund: differentiated effects on municipal economic growth
publishDate 2014
url http://hdl.handle.net/11362/37429
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