Convergence in Brazil: recent trends and long-run prospects
AbstractThis paper applies to the analysis of the interstate income distribution in Brazil a set of techniques that have been widely used in the current empirical literature on growth and convergence. Usual measures of dispersion in the interstate income distribution (the coefficient of variation and Theil's index) suggest that sigma-convergence was an unequivocal feature of the regional growth experience in Brazil, between 1970 and 1986. After 1986, the process of convergence seems, however, to have slowed down almost to a halt. A standard growth model is shown to fit the regional data well and to explain a substantial amount of the variation in growth rates, providing estimates of the speed of (conditional) beta-convergence of approximately 3% p.a. Different estimates of the long-run distribution implied by the recent growth trends point towards further reductions in the interstate income inequality, but also suggest that the relative per capita incomes of a significant number of states and the number of 'very poor' and 'poor' states were, in 1995, already quite close to their steady-state values.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 32 (2000)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RAEC20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.