El preprint ha sido publicado como artículo en una revista
DOI del artículo publicado https://doi.org/10.1590/0103-6351/7588
Preprint / Versión 1

Public finances sustainability by panel data models with cross-sectional dependence: analysis of Brazilian states

article.authors6a9bc79d35a5f

DOI:

https://doi.org/10.1590/0103-6351/7588

Keywords:

Cross-dependence, panel methods, fiscal sustainability, Brazilian states public debt

Resumen

This study investigates the sustainability of Brazilian states’ public finances with quarterly revenue and expenses data from 2006 to 2020, aimed at the identification of groups of states that share similar patterns. The technique adopted is a panel data model that avoids mistaken inferences by controlling for cross-dependence among states. We find two clear patterns, from which we identify a fiscally sustainable group of only 9 states and an unsustainable group, comprising the remaining ones.

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Enviado

29/06/2023

Postado

30/06/2023

Cómo citar

Public finances sustainability by panel data models with cross-sectional dependence: analysis of Brazilian states. (2023). In SciELO Preprints. https://doi.org/10.1590/0103-6351/7588

Serie

Ciencias Sociales Aplicadas

Derechos de autor 2023 Eduardo Lima Campos, Rubens Penha Cysne

Creative Commons License

Esta obra está bajo una licencia internacional Creative Commons Atribución 4.0.

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