Open AccessDevelopment Strategies And Income Distribution In Brazil: A Sectoral Analysis
Author(s) -
Benedict Clements
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v3i3.6511
Subject(s) - economics , distribution (mathematics) , income distribution , bargaining power , production (economics) , distributive property , inequality , economic inequality , capital (architecture) , labour economics , power (physics) , sectoral analysis , macroeconomics , geography , microeconomics , physics , archaeology , quantum mechanics , pure mathematics , mathematical analysis , mathematics
Utilizing a multisectoral model of the Brazilian economy, this paper analyzes the income distribution consequences of expanded production in 123 different sectors of the economy. The results indicate relatively little variation in distributive performance by sector. This suggests that the most important determinant of Brazils severe income inequality is not the sectoral composition of production, but the relatively weak bargaining power of unskilled workers vis--vis- capital.