Eficiência das instituições públicas: o caso da lei de trânsito brasileira
Microeconomic theory shows that it is Pareto-inefficient to deliver public goods through private markets. Institutions - especially laws - are necessary to provide public goods like clear air, traffic security and fiscal stability. However law compliance depends on a benefit-cost evaluation made by...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade de São Paulo
2002-06-01
|
| Series: | Economia Aplicada |
| Subjects: | |
| Online Access: | https://www.revistas.usp.br/ecoa/article/view/219919 |
| _version_ | 1827591428570611712 |
|---|---|
| author | Marcos Mendes |
| author_facet | Marcos Mendes |
| author_sort | Marcos Mendes |
| collection | DOAJ |
| description |
Microeconomic theory shows that it is Pareto-inefficient to deliver public goods through private markets. Institutions - especially laws - are necessary to provide public goods like clear air, traffic security and fiscal stability. However law compliance depends on a benefit-cost evaluation made by the potential law-breaker, as shown by Becker (1968). This paper studies the efficiency of the Brazilian traffic law, effective in 1998, which objective was the mortality reduction in traffic related accidents. It is shown that this reduction was only temporary. If this evidence is an indicator of low credibility of social rules in Brazil, valid to situations like fiscal responsibility and patent protection so, according to the new institutional economics, there are negative incentives to investment and growth in the long run.
|
| first_indexed | 2024-03-09T01:31:39Z |
| format | Article |
| id | doaj.art-c6c20eb0440d4d17916d2f133ee8ef0f |
| institution | Directory Open Access Journal |
| issn | 1413-8050 1980-5330 |
| language | Portuguese |
| last_indexed | 2024-03-09T01:31:39Z |
| publishDate | 2002-06-01 |
| publisher | Universidade de São Paulo |
| record_format | Article |
| series | Economia Aplicada |
| spelling | doaj.art-c6c20eb0440d4d17916d2f133ee8ef0f2023-12-09T16:14:58ZporUniversidade de São PauloEconomia Aplicada1413-80501980-53302002-06-0163Eficiência das instituições públicas: o caso da lei de trânsito brasileiraMarcos Mendes0Universidade de São Paulo. Instituto de Pesquisas Econômicas Microeconomic theory shows that it is Pareto-inefficient to deliver public goods through private markets. Institutions - especially laws - are necessary to provide public goods like clear air, traffic security and fiscal stability. However law compliance depends on a benefit-cost evaluation made by the potential law-breaker, as shown by Becker (1968). This paper studies the efficiency of the Brazilian traffic law, effective in 1998, which objective was the mortality reduction in traffic related accidents. It is shown that this reduction was only temporary. If this evidence is an indicator of low credibility of social rules in Brazil, valid to situations like fiscal responsibility and patent protection so, according to the new institutional economics, there are negative incentives to investment and growth in the long run. https://www.revistas.usp.br/ecoa/article/view/219919institutionspublic goodstime seriesintervention analysistransfer functionBox-Jenkins |
| spellingShingle | Marcos Mendes Eficiência das instituições públicas: o caso da lei de trânsito brasileira Economia Aplicada institutions public goods time series intervention analysis transfer function Box-Jenkins |
| title | Eficiência das instituições públicas: o caso da lei de trânsito brasileira |
| title_full | Eficiência das instituições públicas: o caso da lei de trânsito brasileira |
| title_fullStr | Eficiência das instituições públicas: o caso da lei de trânsito brasileira |
| title_full_unstemmed | Eficiência das instituições públicas: o caso da lei de trânsito brasileira |
| title_short | Eficiência das instituições públicas: o caso da lei de trânsito brasileira |
| title_sort | eficiencia das instituicoes publicas o caso da lei de transito brasileira |
| topic | institutions public goods time series intervention analysis transfer function Box-Jenkins |
| url | https://www.revistas.usp.br/ecoa/article/view/219919 |
| work_keys_str_mv | AT marcosmendes eficienciadasinstituicoespublicasocasodaleidetransitobrasileira |