Prize Effect: an analysis of the Nota Fortaleza program

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DOI:

https://doi.org/10.14393/REE-v39n1a2024-64581

Keywords:

Behavioural Economy, Nota Fortaleza, Event Studies

Abstract

The purpose of this article is to analyze whether the Nota Fortaleza program fulfills its role in terms of the continuous engagement of consumers in the inspection process, since they are awarded. For this, we use a panel data model, considering different intercepts in order to control effects not observed in cross-section units. The estimated coefficients for the main indicators were statistically higher than those observed for the lagging indicators for all levels of awards, associated with a hypothesis that the contemplation in the draw affects their behavior in a future analysis window.

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Author Biographies

José Maria da Cunha Júnior, UFC/CAEN

PhD in Economics from the Postgraduate Program in Economics at the Federal University of Ceará (UFC/CAEN)

Ricardo Brito Soares, UFC/CAEN

PhD in Economics from the University of New Hampshire (2006). Adjunct Professor at the Federal University of Ceará (UFC) and the Postgraduate Course in Economics (CAEN)

Débora Cristina Silva de Azevedo, Centro Universitário Estácio do Ceará/CBI of Miami

Graduated in Psychology from Centro Universitário Estácio do Ceará (2023) and Postgraduate Student in Human Sexuality (CBI of Miami)

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Published

2024-07-31

How to Cite

DA CUNHA JÚNIOR, J. M.; BRITO SOARES, R.; CRISTINA SILVA DE AZEVEDO, D. Prize Effect: an analysis of the Nota Fortaleza program. Revista Economia Ensaios, Uberlândia, Minas Gerais, Brasil, v. 39, n. 1, 2024. DOI: 10.14393/REE-v39n1a2024-64581. Disponível em: https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/64581. Acesso em: 17 sep. 2024.

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