摘要：Normal 0 21 MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Tabela normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} The aim of this paper is to test the hypothesis of rational electoral cycles in local elections of 2000 and 2004 in Minas Gerais. We use the theoretical model/empirical employed by Sakurai (2005) and originally proposed by Pettersson-Lidbom (2001). The results show that municipal expenditures are higher in election years and that there is evidence of electoral rational cycles in the 2000 elections, and in all elections of 2000 and 2004 for the voters of the left parties.
关键词：ciclos econômicos;ciclos políticos;racionalidade dos eleitores
