Análise da eficiência financeira da gestão dos recursos públicos.

Abstract

The objective of this study was to analyze the financial efficiency of the management of public resources in Brazilian capitals from 2008 to 2016. Thus, the municipal financial condition indicators were defined based on the model used by Brown (1993). Data envelopment analysis (DEA) applied in two stages was used: in the first one, the average efficiency scores (standard, inverted, composite and standardized composite) were defined using the input-oriented Variable Returns to Scale (VRS) model , with no weight restrictions. The Decision Making Units (DMUs) were separated by regions. After the envelopment analysis, the regression by Ordinary Least Squares was applied using the stepwise forwards method to evaluate the relationship of each type of financial efficiency (dependent variable) with 28 expenditures by function of government (independent variables). The results of the data envelopment analysis reveal a ranking in which the most efficient capital in the North, Midwest, South, Southeast and Northeast were respectively Manaus, Campo Grande, Curitiba, Vitoria and Fortaleza, meaning they can serve as benchmarks for other capitals. With the regression model it is possible to verify that the variation of the efficiencies has a significant relation with the variables public safety, for the standard efficiency; administration, for inverted efficiency; urbanism and sanitation, for the composite and standardized composite efficiencies. Thus, it was concluded that managers can use the modeling described in the study to evaluate the financial condition of the municipalities that manage to better manage public revenues and expenditures.