When Indicators Guide Bills: Empirical Evidence from Brazil
摘要
The present work evaluates how economic and social indicators relate to the number of bills approved by the National Congress.
MethodsTo measure this relationship, a historical series of economic and social indicators and the number of approved bills related to the economic, social, political, and budgetary areas were used, with data from 1995 to 2015. The method chosen to calculate the relationship between the dependent variable and independent variables was Pesaran’s Autoregressive model with Distributed Lags ARDL.
ResultsThe findings of this study were statistically significant in the analysis of approved projects in the economic area but did not present substantial results for the other topics evaluated.
ConclusionThese research findings have significant implications for policymakers and legislative scholars. Understanding how economic and social variables influence legislative activity can help design more effective policies and anticipate legislative needs in different economic contexts.