Favorable credit to private agents and the local economies in the deprived regions of Brazil: a spatial panel analysis

被引:1
|
作者
da Silva-Filho, Luis Abel [1 ]
Azzoni, Carlos R. [2 ]
Chagas, Andre L. S. [2 ]
Castro, Gustavo [2 ]
机构
[1] Reg Univ Cariri, Rua Coronel Antonio Luiz 1161, Crato, CE, Brazil
[2] Univ Sao Paulo, Ave Prof Luciano Gualberto 908, Sao Paulo, Brazil
关键词
Public Financing; Constitutional Funds; Local GDP; Effects of Public Credit; C0; R0; R150; GROWTH; ENTERPRISES; CONSTRAINTS;
D O I
10.1007/s12076-023-00363-7
中图分类号
P9 [自然地理学]; K9 [地理];
学科分类号
0705 ; 070501 ;
摘要
This article examines how the resources transferred to private economic agents under favorable conditions through Constitutional Funds affect the GDP per capita of municipalities in the deprived regions of Brazil. We utilize data spanning from 2002 to 2019 and employ Spatial Econometrics models to address observed spatial autocorrelation. Additionally, we incorporate loans from other public sources to firms in these municipalities. The results reveal that both sources of loans have a minor positive effect on the GDP per capita of these municipalities.
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页数:11
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