Income transfer and the dynamics of economic growth: a simulation model

• Autor(a) principal: Toyoshima, Silvia Harumi
• Data de Publicação: 2013
• Outros Autores: Silva, Evaldo Henrique da
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Estudos Econômicos (São Paulo)
• Texto Completo: https://www.revistas.usp.br/ee/article/view/62057
• topic: income distribution; economics growth; simulation; distribuição de renda; crescimento econômico; simulação

The purpose of this paper was to elaborate a theoretical model of simulation in orderto verify the effects of income transference policies over the economic growth dynamic,following a structuralist approach. The main basis of the simulation is the export-ledgrowth model, of the Kaldorian type. Five scenarios were drawn considering incomedistribution policies, with and without direct income transfer policy by the government.The scenario that better adjusts the income redistribution with increased rate in thelong-term growth is part of the group “without transference” policy. In the short-termthe major growth rates were obtained in a group scenario “with income transference”.The main conclusion is that there is a trade-off between the redistribution policies insuch a way that those which are more beneficial to the macroeconomic environmentin the short-term cannot be the best ones in the long-term, and vice versa.