Objetivos normativos e resultados práticos: um estudo empírico da renúncia fiscal concedida a firmas da agroindústria de palmito no Pará

Abstract

Legislative goals and practical results: an empirical study of tax waiver granted to palmetto agribusiness firms in Pará. The study analyzes the consistency between normative goals expressed in legislation allowing tax incentives in the state of Pará, and the results of applying this tax exception to palmetto agribusiness firms. Initially, from the development of indicators, by using spatial data analysis and assessment of statistical levels of correlation amongst them, the paper has concluded that there was no empirical evidence that the growth of the palm agribusiness were related to the normative goals of fiscal incentives. Then a microeconomic evaluation has been made by means of 18 indicators, the effects of tax incentives on firms´ performance, which showed improvements in all indicators. It has been additionally concluded that the rates of internal feedback of palmetto agribusiness, even before the granting of tax incentives were superior to other ways of capital allocating, which also contradicts justifications underlying the granting of tax incentives. Finally, it has been stated that the granting of analyzed benefits is not consistent with what the literature considers as a policy of fiscal incentives since its results in the firms analyzed liken it to a policy of fiscal adjustment.