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Abstract(s)
O crescente espolio de literatura dedicado ao estudo do impacto da desigualdade no
crescimento económico tem focalizado a sua atenção no efeito distribuição de
rendimento, embora as relações teóricas estejam mais próximas com a distribuição de
riqueza. Não obstante, alguns estudos recentes tentam superar essa limitação com a
introdução de indicadores de riqueza. O presente estudo analisa, empiricamente, porque
é que a desigualdade na distribuição da terra causa um prejuízo maior que a desigualdade
de rendimento no crescimento económico nos países em desenvolvimento. São
estimadas várias regressões usando dados em painel e estimadores de efeitos fixos. Os
resultados confirmam que, a desigualdade na distribuição de terra é prejudicial ao
crescimento económico, sendo que, tal prejuízo é maior do que aquele causado pela
desigualdade na distribuição de rendimento. Dos canais de transmissão analisados
testamos com sucesso o canal de investimento em capital físico. Empiricamente,
demonstrou-se que parte do prejuízo causado pela desigualdade na distribuição de terra
no crescimento económico pode ser explicado pelo canal de investimento em capital
físico, no conjunto dos países em desenvolvimento.
The growing body of literature devoted to the study of the impact of inequality on economic growth has focused attention on the income distribution effect, although the theoretical relationships are closer to the distribution of wealth. Nevertheless, some recent studies try to overcome this limitation with the introduction of wealth indicators. This study empirically examines why inequality in land distribution causes greater harm than income inequality to economic growth in developing countries. Various regressions are estimated using panel data and fixed effects estimators. The results confirm that inequality in land distribution is harmful to economic growth, and such damage is greater than that caused by inequality in income distribution. Of the analyzed transmission channels, we have successfully tested the physical capital investment channel. Empirically, it has been shown that part of the damage caused by inequality in the distribution of land in economic growth can be explained by the channel of investment in physical capital, in the group of developing countries.
The growing body of literature devoted to the study of the impact of inequality on economic growth has focused attention on the income distribution effect, although the theoretical relationships are closer to the distribution of wealth. Nevertheless, some recent studies try to overcome this limitation with the introduction of wealth indicators. This study empirically examines why inequality in land distribution causes greater harm than income inequality to economic growth in developing countries. Various regressions are estimated using panel data and fixed effects estimators. The results confirm that inequality in land distribution is harmful to economic growth, and such damage is greater than that caused by inequality in income distribution. Of the analyzed transmission channels, we have successfully tested the physical capital investment channel. Empirically, it has been shown that part of the damage caused by inequality in the distribution of land in economic growth can be explained by the channel of investment in physical capital, in the group of developing countries.
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Keywords
Crescimento Económico Desigualdade Na
Distribuição do Rendimento Desigualdade Na Distribuição da Terra Níveis de Rendimento e Riqueza Países Em Desenvolvimento