Resumo:
The research aims to describe the relationship between tax and financial incentives in the local productive arrangement (APL) of Santa Rita do Sapucaí - Vale da Eletrônica and its return to society as a development of the region. To this end, the research will show the historical path of the town in this task of introducing the technology and the industrialization process in the local economy through the participation of local educational institutions, organized society and especially the local government. The research is explained by the knowledge of a model based on the local potential, where the population has been experiencing benefits over the studied period. The survey of data related to the investments made by the town spanned the 20-year period (1999-2018), where the proposed analysis was to test the hypotheses raised about the influence of investments on local indicators and simultaneously on APL expansion indicators, above all responding to the inquiry of the role of tax and financial incentives as an instrument for regional development. The methodology used for the research was the study of the case, applying mixed techniques, quali-quanti: a survey of historical and statistical data from the location; and for the analysis of the data, the econometric method was used, through the analysis of the coefficient of determination and relationship between the variables. It was concluded that the investments made by the town had an influence and represented an essential factor for the economic growth of the location as well as for the expansion of the APL; the population benefits in some way from this growth, however, due to the 20-year sample, it was not possible to state that the location has already reached the stage of development, reflected in the other social indicators and in the standard of living of the population. There is a tendency for the stage of development to occur on the long term.
