Strategic public spending: evidence from Brazil

Detalhes bibliográficos
Ano de defesa: 2022
Autor(a) principal: Silva, Felipe Yamamoto Ricardo da
Orientador(a): Pessoa, João Paulo Cordeiro de Noronha
Banca de defesa: Não Informado pela instituição
Tipo de documento: Dissertação
Tipo de acesso: Acesso aberto
Idioma: eng
Instituição de defesa: Não Informado pela instituição
Programa de Pós-Graduação: Não Informado pela instituição
Departamento: Não Informado pela instituição
País: Não Informado pela instituição
Palavras-chave em Português:
Alternância política
Gastos públicos
Incentivos eleitorais
Reeleição
Palavras-chave em Inglês:
Political turnover
Public spending
Electoral incentives
Reelection
Link de acesso: https://hdl.handle.net/10438/32183
Resumo: This paper studies how incumbents respond after being voted out of office when running for reelection in terms of public spending. We use data from Brazilian municipalities, focusing on the periodical reports of budget executions that allow us to analyze the public finances in the last two months of an election year, when the incumbent mayor knows if he will remain in office for another term. We apply a Regression Discontinuity Design (RDD) for close elections and find that incumbent mayors who lose the election tend to have higher expenses during the last two months in office than those reelected for another term. The estimated effect is particularly strong for the investment expenses.
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spelling Silva, Felipe Yamamoto Ricardo daEscolas::EESPNakaguma, Marcos YamadaCorbi, Raphael BotturaPessoa, João Paulo Cordeiro de Noronha2022-06-30T14:06:05Z2022-06-30T14:06:05Z2022-06-15https://hdl.handle.net/10438/32183This paper studies how incumbents respond after being voted out of office when running for reelection in terms of public spending. We use data from Brazilian municipalities, focusing on the periodical reports of budget executions that allow us to analyze the public finances in the last two months of an election year, when the incumbent mayor knows if he will remain in office for another term. We apply a Regression Discontinuity Design (RDD) for close elections and find that incumbent mayors who lose the election tend to have higher expenses during the last two months in office than those reelected for another term. The estimated effect is particularly strong for the investment expenses.Este trabalho estuda como os incumbentes respondem, em termos de gastos públicos, ao sairem do cargo quando concorrem à reeleição. Para isso, utilizamos dados de municípios brasileiros, com foco nos relatórios periódicos de execuções orçamentárias que nos permitem analisar as finanças públicas nos dois últimos meses de um ano eleitoral, quando o prefeito em exercício sabe se permanecerá no cargo por mais um mandato. Aplicamos um design de regressão em descontinuidade para eleições acirradas e mostramos que prefeitos em exercício que perdem a eleição tendem a ter um nível de despesas mais alto nos últimos dois meses no cargo em relação que aqueles que são reeleitos para outro mandato. O efeito estimado é particularmente forte para as despesas de investimento.engPolitical turnoverPublic spendingElectoral incentivesReelectionAlternância políticaGastos públicosIncentivos eleitoraisReeleiçãoEconomiaDespesa pública - BrasilFinanças públicas - BrasilOrçamento - BrasilPolíticos - CondutaStrategic public spending: evidence from Brazilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINALThesis_EESP.pdfThesis_EESP.pdfPDFapplication/pdf2406984https://repositorio.fgv.br/bitstreams/9532e844-4048-4e17-be58-44fe5d9e62e9/download22ae675ab9369e184c3c350e2e475b9eMD51LICENSElicense.txtlicense.txttext/plain; charset=utf-84707https://repositorio.fgv.br/bitstreams/a9dcd0a9-293d-4335-9821-de07f63e8495/downloaddfb340242cced38a6cca06c627998fa1MD52TEXTThesis_EESP.pdf.txtThesis_EESP.pdf.txtExtracted 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dc.title.eng.fl_str_mv Strategic public spending: evidence from Brazil
title Strategic public spending: evidence from Brazil
spellingShingle Strategic public spending: evidence from Brazil
Silva, Felipe Yamamoto Ricardo da
Political turnover
Public spending
Electoral incentives
Reelection
Alternância política
Gastos públicos
Incentivos eleitorais
Reeleição
Economia
Despesa pública - Brasil
Finanças públicas - Brasil
Orçamento - Brasil
Políticos - Conduta
title_short Strategic public spending: evidence from Brazil
title_full Strategic public spending: evidence from Brazil
title_fullStr Strategic public spending: evidence from Brazil
title_full_unstemmed Strategic public spending: evidence from Brazil
title_sort Strategic public spending: evidence from Brazil
author Silva, Felipe Yamamoto Ricardo da
author_facet Silva, Felipe Yamamoto Ricardo da
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.member.none.fl_str_mv Nakaguma, Marcos Yamada
Corbi, Raphael Bottura
dc.contributor.author.fl_str_mv Silva, Felipe Yamamoto Ricardo da
dc.contributor.advisor1.fl_str_mv Pessoa, João Paulo Cordeiro de Noronha
contributor_str_mv Pessoa, João Paulo Cordeiro de Noronha
dc.subject.eng.fl_str_mv Political turnover
Public spending
Electoral incentives
Reelection
topic Political turnover
Public spending
Electoral incentives
Reelection
Alternância política
Gastos públicos
Incentivos eleitorais
Reeleição
Economia
Despesa pública - Brasil
Finanças públicas - Brasil
Orçamento - Brasil
Políticos - Conduta
dc.subject.por.fl_str_mv Alternância política
Gastos públicos
Incentivos eleitorais
Reeleição
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Despesa pública - Brasil
Finanças públicas - Brasil
Orçamento - Brasil
Políticos - Conduta
description This paper studies how incumbents respond after being voted out of office when running for reelection in terms of public spending. We use data from Brazilian municipalities, focusing on the periodical reports of budget executions that allow us to analyze the public finances in the last two months of an election year, when the incumbent mayor knows if he will remain in office for another term. We apply a Regression Discontinuity Design (RDD) for close elections and find that incumbent mayors who lose the election tend to have higher expenses during the last two months in office than those reelected for another term. The estimated effect is particularly strong for the investment expenses.
publishDate 2022
dc.date.accessioned.fl_str_mv 2022-06-30T14:06:05Z
dc.date.available.fl_str_mv 2022-06-30T14:06:05Z
dc.date.issued.fl_str_mv 2022-06-15
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://hdl.handle.net/10438/32183
url https://hdl.handle.net/10438/32183
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.source.none.fl_str_mv reponame:Repositório Institucional do FGV (FGV Repositório Digital)
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