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

Autor: da Silva-Filho, Luís Abel, Azzoni, Carlos R., Chagas, André L. S., Castro, Gustavo
Zdroj: Letters in Spatial & Resource Sciences; 11/24/2023, Vol. 16 Issue 1, p1-11, 11p
Abstrakt: 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. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index
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