Income Inequality, Poverty, Economic Growth and Industry in Brazil: Short and Long Term Relationships via ARDL Models

This paper investigates the short and long run relationships between income inequality, poverty, economic growth and industry participation in employment for Brazil from 1985 to 2014. For this, we estimate Autoregressive Distributed Lag (ARDL) models in order to find out how the industry affects ine...

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Bibliographic Details
Authors: César Santejo Saiani, Carlos, Polline Veríssimo, Michele, Leite Santos, Patrick
Format: article
Status:Published version
Publication Date:2022
Country:Brasil
Institution:Universidade Federal de Uberlândia (UFU)
Repository:Economia Ensaios
Language:Portuguese
OAI Identifier:oai:ojs.www.seer.ufu.br:article/62895
Online Access:https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/62895
Access Level:Open access
Keyword:Desigualdade de Renda
Pobreza
Crescimento Econômico
Indústria
ARDL
Income Inequality
Poverty
Economic Growth
Industry
Description
Summary:This paper investigates the short and long run relationships between income inequality, poverty, economic growth and industry participation in employment for Brazil from 1985 to 2014. For this, we estimate Autoregressive Distributed Lag (ARDL) models in order to find out how the industry affects inequality and poverty and to test three traditional hypotheses in the literature: Kuznets Curve, dual economy and pro-poor economic growth. The evidences pointed to heterogeneous effects of growth and industry in poverty and inequality over time, with a social problems reduction explained by economic growth in long run and industry employment in the short run.