Open AccessWhat drives the inequality of Brazilian cross-states household credit?
Author(s) -
Paulo Rogério Faustino Matos,
Joaquim Correia
Publication year - 2017
Publication title -
revista brasileira de economia
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.158
H-Index - 12
eISSN - 1806-9134
pISSN - 0034-7140
DOI - 10.5935/0034-7140.20170016
Subject(s) - economics , inequality , per capita income , economic inequality , per capita , human capital , panel data , capital (architecture) , development economics , economic growth , geography , econometrics , population , mathematical analysis , mathematics , demography , archaeology , sociology
According to Matos et al. (2013) credit policy in Brazil has been discriminatory and strongly characterized by a regional bias. We address this issue by aiming to identify Brazilian cross-state credit drivers. Methodologically we follow Matos (2017) by proposing a panel model to estimate relationships between real per capita Brazilian household credit and a set of relevant social, economic and financial variables. Our main findings considering all federal subnational entities during the period from 2004 to 2013 suggest that demand for credit plays a more relevant role than the supply thereof. Our evidence may be useful in writing theoretical models dealing with credit patterns in Brazil