The effect of socioeconomic indicators on the degree of budget efficiency: a panel data analysis in the municipalities of Bahia, Brazil
International Journal of Development Research
The effect of socioeconomic indicators on the degree of budget efficiency: a panel data analysis in the municipalities of Bahia, Brazil
Received 21st July, 2018; Received in revised form 23rd August, 2018; Accepted 17th September, 2018; Published online 29th October, 2018
Copyright © 2018, Luana Pereira da Silva et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The main objective of this article was to analyze the effect of the budgetary efficiency and the socioeconomic conditions represented by the indicators of Income, Health, Education and Population Size of the 417 municipalities of the State of Bahia, Brazil, from 2009 to 2013. For this purpose, based on the Panel Data estimation models, the indicator of Degree of Budget Efficiency was created,an evaluation instrument thet allows verifying whether municipalities are achieving the goals of budget planning. Significantly, statistical results showed that the indicators of Education and Health have effects on the GEO in the context of the cities analyzed.
