新冠肺炎导致巴西财政反应进一步恶化

Q3 Social Sciences

Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2022-09-01 DOI:10.1590/0101-31572022-3286

Eduardo Lima Campos, R. Cysne, A. L. Madureira

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引用次数: 0

摘要

财政反应函数衡量政府基本盈余对公共债务演变的反应。Campos和Cysne (2019b)观察到，自2012年以来，反应函数几乎一直在稳步下降，并在2017年和2018年由正值转为负值。在随后的一段时间里，一些经济指标的改善导致了财政对复苏的反应。然而，在2020年，随着COVID-19的到来，卫生支出和紧急援助导致财政急剧恶化，导致财政反应系数再次呈现负值。

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A further deterioration of the Brazilian fiscal reaction in view of COVID-19

ABSTRACT The fiscal reaction function measures how the government’s primary surplus reacts to the evolution of public debt. Campos and Cysne (2019b) observed that the reaction function has been almost steadily decreasing since 2012 and it has turned from positive to negative values in 2017 and 2018. In the subsequent period, the improvement of some economic indicators led the fiscal reaction to a recovery. Nevertheless, in 2020, with the advent of COVID-19, health spending and emergency aids caused a sharp fiscal deterioration, leading the fiscal reaction coefficient to assume, again, negative values.

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来源期刊

Revista de Economia Politica/Brazilian Journal of Political Economy Social Sciences-Political Science and International Relations

CiteScore

1.00

自引率

0.00%

发文量

审稿时长

21 weeks

期刊介绍： Brazilian Journal of Political Economy/Revista de Economia Política é uma revista acadêmica, peer reviewed, bilíngue, publicada trimestralmente desde 1981 pelo Centro de Economia Política através da Editora 34. Está indexada na Scielo e no Journal of Economic Literature. É a mais citadas das revistas acadêmicas de economia do Brasil.