Page 136 - XXIII Prêmio Tesouro Nacional 2018

Tema – Equilíbrio, transparência e planejamento fiscal de médio e longo prazo – Fernando Covelli Benelli

Apêndice

tabela 1a – eFeitoS temporaiS doS
conSelhoS FiScaiS Sobre o reSultado eStrutural

(1) (2) (3) (4)

-1.344** -1.192** -1.241*** -1.155***
CF(-5)
(0.540) (0.501) (0.433) (0.417)
-1.276** -1.164** -1.204*** -1.128***
CF(-4)
(0.542) (0.505) (0.436) (0.420)
-1.624*** -1.473*** -1.590*** -1.506***
CF(-3)
(0.544) (0.506) (0.437) (0.421)
-1.421*** -1.164** -1.426*** -1.310***
CF(-2)
(0.544) (0.507) (0.438) (0.424)
-0.807 -0.604 -0.852* -0.763*
CF(-1)
(0.544) (0.508) (0.438) (0.426)
0.124 0.164 -0.00923 -0.0987
CF(+1)
(0.544) (0.510) (0.442) (0.430)
0.235 0.319 0.0601 -0.0172
CF(+2)
(0.544) (0.509) (0.445) (0.431)
0.341 0.492 0.128 0.0557
CF(+3)
(0.544) (0.509) (0.448) (0.433)

0.323 0.528 0.0791 0.0318
CF(+4)
(0.542) (0.505) (0.449) (0.432)
0.395 0.525 0.127 -0.000338
CF(+5)
(0.540) (0.501) (0.448) (0.430)
0.0209*** 0.0180***
Dívida pública (defasada)
(0.00474) (0.00619)
2.46e-06 2.70e-05
PIB per capita
(2.43e-05) (5.39e-05)
-0.000620 -0.0117
Inflação
(0.0132) (0.0124)
0.0531*** 0.0378***
Importação
(0.00914) (0.00799)

134 Finanças Públicas – XXIII Prêmio Tesouro Nacional – 2018