Economic growth and inaquality of income in Brazil: an analysis of dynamic panel for period 1985-2002 / Crescimento econÃmico e desigualdade de renda no Brasil: uma anÃlise de painel dinÃmico para o perÃodo 1985-2002

AUTOR(ES)
DATA DE PUBLICAÇÃO

2007

RESUMO

This dissertation studies the relationship between economic growth and income inequality in the 26 Brazilian states, during the 1985 to 2002 period. The method utilized here was panel data, due to its many advantages, like the possibility of dealing with heterogeneity in micro-units, providing greater variability in micro-units in relation to time, minimizing multicolinearity problems and allowing better analysis of dynamic adjustment. The formulation follows the ones proposed by such works as FORBES (2000), BANERJEE and DUFFLO (2003) and PANIZZA (2002), using data from IPEA for economic growth, income inequality, years of schooling and public investiment. Through regressions that utilized the Arellano-Bond 2-step algorithm, which corrects not only the bias originated from the introduced lagged variable, but also allows a certain degree of endogeneity, it has been observed that inequality affects growth negatively, i.e., the greater the initial income inequality, the lesser the economic growth rate of the corresponding period. Other important results were the positive and robust relationship between schooling and growth and the negative relationship between income and investment with economic growth.

ASSUNTO(S)

crescimento econÃmico dados em painel data in panel desigualdade de renda economic growth income inaquality economia

ACESSO AO ARTIGO

Documentos Relacionados