The Rigidity of Brazilian Public Expenditure in the Long Term
This paper studies the economic effects of the rigidity in the long term in the real public expenditure of Brazil. To determine this consequence it was applied the Computable General Equilibrium Model designed by Lofgren (2000) and calibrated from the Brazilian Social Accounting Matrix in 2013. The...
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| Format: | Online |
| Language: | spa |
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Universidad Pedagógica y Tecnológica de Colombia
2018
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/6105 |
| _version_ | 1801705958100959232 |
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| author | Roitbarg, Hernán Alejandro |
| author_facet | Roitbarg, Hernán Alejandro |
| author_sort | Roitbarg, Hernán Alejandro |
| collection | OJS |
| description | This paper studies the economic effects of the rigidity in the long term in the real public expenditure of Brazil. To determine this consequence it was applied the Computable General Equilibrium Model designed by Lofgren (2000) and calibrated from the Brazilian Social Accounting Matrix in 2013. The simulated equilibriums were presented for two likely scenarios in 2033 with respect to the validity or not of Constitutional Amendment No. 95. The calculation of probable situations differs with regard to education and health items. The findings complement existing impact studies and demonstrate a probable lower level of Gross Domestic Product, available national income, factorial labor income and slight consequences for the sectorial configuration and the trade balance. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-6105 |
| institution | Revista Apuntes del Cenes |
| language | spa |
| publishDate | 2018 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-61052022-06-17T21:34:45Z The Rigidity of Brazilian Public Expenditure in the Long Term La rigidez del gasto público brasileño a largo plazo Roitbarg, Hernán Alejandro Constitutional Amendment No. 95 fixed public expenditure Brazil fiscal policy economic growth Enmienda constitucional 95 gasto público fijo Brasil política fiscal crecimiento económico This paper studies the economic effects of the rigidity in the long term in the real public expenditure of Brazil. To determine this consequence it was applied the Computable General Equilibrium Model designed by Lofgren (2000) and calibrated from the Brazilian Social Accounting Matrix in 2013. The simulated equilibriums were presented for two likely scenarios in 2033 with respect to the validity or not of Constitutional Amendment No. 95. The calculation of probable situations differs with regard to education and health items. The findings complement existing impact studies and demonstrate a probable lower level of Gross Domestic Product, available national income, factorial labor income and slight consequences for the sectorial configuration and the trade balance. En el presente artículo se estudian los efectos económicos de la rigidez en el gasto público real de Brasil. La metodología utilizada se enfoca en el modelo de equilibrio general computado diseñado por Lofgren (2000) y calibrado a partir de la matriz de contabilidad social de Brasil en 2013. Los equilibrios simulados se plantean para dos escenarios probables en 2033 con respecto a la vigencia o no de la Enmienda Constitucional n.º 95. El cálculo de las situaciones probables difiere en cuanto a las partidas de educación y salud. Los resultados complementan estudios de impacto existentes, observando un menor nivel de producto interno bruto, ingreso nacional disponible, ingreso factorial del trabajo y leves consecuencias para la configuración sectorial y del balance comercial. Universidad Pedagógica y Tecnológica de Colombia 2018-06-25 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf application/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/6105 10.19053/01203053.v37.n66.2019.6105 Apuntes del Cenes; Vol. 37 No. 66 (2018); 77-98 Apuntes del Cenes; Vol. 37 Núm. 66 (2018); 77-98 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/6105/7253 https://revistas.uptc.edu.co/index.php/cenes/article/view/6105/7994 Copyright (c) 2018 Hernán Alejandro Roitbarg http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | Constitutional Amendment No. 95 fixed public expenditure Brazil fiscal policy economic growth Enmienda constitucional 95 gasto público fijo Brasil política fiscal crecimiento económico Roitbarg, Hernán Alejandro The Rigidity of Brazilian Public Expenditure in the Long Term |
| title | The Rigidity of Brazilian Public Expenditure in the Long Term |
| title_alt | La rigidez del gasto público brasileño a largo plazo |
| title_full | The Rigidity of Brazilian Public Expenditure in the Long Term |
| title_fullStr | The Rigidity of Brazilian Public Expenditure in the Long Term |
| title_full_unstemmed | The Rigidity of Brazilian Public Expenditure in the Long Term |
| title_short | The Rigidity of Brazilian Public Expenditure in the Long Term |
| title_sort | rigidity of brazilian public expenditure in the long term |
| topic | Constitutional Amendment No. 95 fixed public expenditure Brazil fiscal policy economic growth Enmienda constitucional 95 gasto público fijo Brasil política fiscal crecimiento económico |
| topic_facet | Constitutional Amendment No. 95 fixed public expenditure Brazil fiscal policy economic growth Enmienda constitucional 95 gasto público fijo Brasil política fiscal crecimiento económico |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/6105 |
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