Convergência entre a renda per-capita dos estados brasileiros
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1996-11-01
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This paper aims to investigate if per capita income of the Brazilian states are converging, so that inequality among them are declining, and also to estimate the speed of convergence. The methodology follows Barro and Sala-i-Martin (1992b). Our estimates confirm the hypothesis of convergence for the Brazilian states, either using the concept of B convergence (the existence of an inverse relationship between initial per capíta income and growth rate) or o convergence (the decline over time of the dispersion of per capita income). However, the speed of convergence estimated is considerably smaller than estimates for the U.S. states and European regions.