Uma análise sobre a eficiência da agência de fomento do estado do Tocantins (2016 a 2019)

Abstract

This dissertation analyzes the efficiency of the Tocantins State Development Agency in the period from 2016 to 2019 using the data envelopment analysis (DEA). As specific objectives, we sought to analyze the efficiency of the Tocantins Development Agency in relation to the others in Brazil during the period mentioned, verifying to what extent the operational resources (inputs or inputs) spent on its activities kept proportions with its final results (products or outputs); It also identifies possible levels of inputs implemented to increase efficiency and fulfill its institutional mission since development agencies are one of the instruments of subnational governments for promoting socioeconomic development through the financing of entrepreneurship and projects of regional infrastructure. For this work, four variables were defined, two inputs and two outputs. As inputs, administrative expenses and shareholders' equity were added to the funding from other institutions. As outputs, the sum of the total Revenues generated and the values of the Corporate loan portfolio were chosen, since the focus of the development agencies is to stimulate regional development through the granting of credit. The calculations were performed using software called SIAD v.3.0 (Integrated Decision Support System), developed by researchers from UFF (Universidade Federal Fluminense). The results showed an efficiency score for the Agência de Fomento do Tocantins below that of most other development agencies in the country. With the highest average of the Basel index in the country, the Tocantins Development Agency did practically no fundraising to use to boost development in its region of operation. Another issue also observed at the Institution is that the rise and maintenance of high expenditure rates, coupled with a downward trend in revenue generation, considerably diluted its assets during the period analyzed, which can jeopardize the continuity of the institution's activities, since there were successive operating losses.