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Paperback Distributive inequality and per capita income growth Book

ISBN: 6209124143

ISBN13: 9786209124143

Distributive inequality and per capita income growth

Recently, economic literature has reversed the causal relationship between economic growth and income distribution (i.e., inequality now affects growth, and not the other way around), investigating why less developed countries have not kept pace with those at a more advanced stage of development, blaming the distributive inequality inherent in poorer countries as a factor that prevents economic growth at levels comparable to those of the first world. In this book, I intend to investigate the impact, in direction and magnitude, of income distribution inequality on the variation in per capita income in Brazilian states, ascertaining whether its effect differs between richer and poorer states.

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