The effect of socioeconomic indicators on the degree of budget efficiency: a panel data analysis in the municipalities of Bahia, Brazil
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.