Trabalhos & Publicações

Detalhes do Artigo

A time series analysis of regional income convergence in Brazil

Milton Barossi Filho, Carlos R. Azzoni

Barossi-Filho, Milton, and Carlos Roberto Azzoni. "A Time Series Analysis of Regional Income Convergence in Brazil." In TD Nereus, edited by Núcleo de Economia Regional e Urbana. São Paulo: Universidade de São Paulo, 2003.

Abstract: The purpose of this paper is to deal with regional income convergence in Brazil taking a time series approach into account. Although a relatively large number of studies dealt with the subject of regional income inequality in Brazil no time series study, to our knowledge, has been performed so far. In order to test for the existence of evidences on income convergence endogenously determined break points are incorporated in the analysis. In particular, this investigation is based on a comparison of results provided by these tests. Our results indicate that there are signs of stochastic convergence of income at the macro regional level, with the exception of the North region. Convergence within the regions, that is, states converging to the income level in the region they belong to, is not homogeneous in the country. It is present for all states in the North, Mid-West and Southeast regions, but does not show up for all states in the Northeast (two exceptions out of nine states) and South (one exception out of three states) regions.