A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration
Autor(a) principal: | |
---|---|
Data de Publicação: | 2005 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Estudos Econômicos (São Paulo) |
Texto Completo: | https://www.revistas.usp.br/ee/article/view/35859 |
Resumo: | This paper presents a Computable General Equilibrium model specified to simulate the policy impacts on income distribution in Brazil, with complex and systemic propagation methods. To capture the distributive impacts, the model adopts a design focused on the separation of production and institutional factors, as labor and households. The model has three blocks: product and factor markets, and a block that handles with income transfers among institutions. The labor market specification incorporates a recent theoretical advance that allows the determination of involuntary unemployment in the equilibrium. The third block specifies the distribution of the value added among production factors and the redistribution of income among agents/institutions. The simulations of a partial economic "closure" show modest welfare reduction for most workers and families. Also, we checked that the homogeneity property of the model holds only with full indexation of all income transfers, which has important implications for the income distribution process modeling. |
id |
USP-14_26b3bcc47288ed6b58d01555f752d24d |
---|---|
oai_identifier_str |
oai:revistas.usp.br:article/35859 |
network_acronym_str |
USP-14 |
network_name_str |
Estudos Econômicos (São Paulo) |
repository_id_str |
|
spelling |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration Brasilmodelo de equilíbrio geral computávelbem-estarhomogeneidadeavaliação de política econômica externaBrazilcomputable general equilibrium modelwelfarehomogeneityexternal economic policy evaluation This paper presents a Computable General Equilibrium model specified to simulate the policy impacts on income distribution in Brazil, with complex and systemic propagation methods. To capture the distributive impacts, the model adopts a design focused on the separation of production and institutional factors, as labor and households. The model has three blocks: product and factor markets, and a block that handles with income transfers among institutions. The labor market specification incorporates a recent theoretical advance that allows the determination of involuntary unemployment in the equilibrium. The third block specifies the distribution of the value added among production factors and the redistribution of income among agents/institutions. The simulations of a partial economic "closure" show modest welfare reduction for most workers and families. Also, we checked that the homogeneity property of the model holds only with full indexation of all income transfers, which has important implications for the income distribution process modeling. Neste artigo é apresentado um modelo de Equilíbrio Geral Computável especificado para simular os impactos de políticas na distribuição de renda no Brasil. Para capturar os impactos distributivos, fatores de produção e instituições, como trabalho e famílias, são especificados separadamente. O modelo apresenta três blocos: mercados de produtos e fatores, e outro bloco com especificação das transferências de renda entre instituições. A especificação do mercado de trabalho incorpora recente avanço teórico que permite a determinação do desemprego involuntário no equilíbrio. No terceiro bloco, especifica-se a distribuição do valor adicionado entre fatores de produção e a redistribuição de renda entre agentes/instituições. As simulações do fechamento "parcial" da economia mostram pequena redução de bem-estar para a maioria dos trabalhadores e famílias. Verificou-se ainda que a homogeneidade do modelo vale somente com plena indexação de todos os fluxos de renda, o que tem importantes conseqüências sobre a modelagem do processo de distribuição de renda. Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade2005-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://www.revistas.usp.br/ee/article/view/3585910.1590/S0101-41612005000400006Estudos Econômicos (São Paulo); v. 35 n. 4 (2005); 739-765 1980-53570101-4161reponame:Estudos Econômicos (São Paulo)instname:Universidade de São Paulo (USP)instacron:USPenghttps://www.revistas.usp.br/ee/article/view/35859/38575Copyright (c) 2005 Samir Cury, Allexandro Mori Coelho, Carlos Henrique Corseuilhttp://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccessCury, SamirCoelho, Allexandro MoriCorseuil, Carlos Henrique2021-02-01T11:19:08Zoai:revistas.usp.br:article/35859Revistahttps://www.revistas.usp.br/eePUBhttps://www.revistas.usp.br/ee/oaiestudoseconomicos@usp.br||aldrighi@usp.br1980-53570101-4161opendoar:2021-02-01T11:19:08Estudos Econômicos (São Paulo) - Universidade de São Paulo (USP)false |
dc.title.none.fl_str_mv |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration |
title |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration |
spellingShingle |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration Cury, Samir Brasil modelo de equilíbrio geral computável bem-estar homogeneidade avaliação de política econômica externa Brazil computable general equilibrium model welfare homogeneity external economic policy evaluation |
title_short |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration |
title_full |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration |
title_fullStr |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration |
title_full_unstemmed |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration |
title_sort |
A computable general equilibrium model to analyze distributive aspects in Brazil with a trade policy illustration |
author |
Cury, Samir |
author_facet |
Cury, Samir Coelho, Allexandro Mori Corseuil, Carlos Henrique |
author_role |
author |
author2 |
Coelho, Allexandro Mori Corseuil, Carlos Henrique |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Cury, Samir Coelho, Allexandro Mori Corseuil, Carlos Henrique |
dc.subject.por.fl_str_mv |
Brasil modelo de equilíbrio geral computável bem-estar homogeneidade avaliação de política econômica externa Brazil computable general equilibrium model welfare homogeneity external economic policy evaluation |
topic |
Brasil modelo de equilíbrio geral computável bem-estar homogeneidade avaliação de política econômica externa Brazil computable general equilibrium model welfare homogeneity external economic policy evaluation |
description |
This paper presents a Computable General Equilibrium model specified to simulate the policy impacts on income distribution in Brazil, with complex and systemic propagation methods. To capture the distributive impacts, the model adopts a design focused on the separation of production and institutional factors, as labor and households. The model has three blocks: product and factor markets, and a block that handles with income transfers among institutions. The labor market specification incorporates a recent theoretical advance that allows the determination of involuntary unemployment in the equilibrium. The third block specifies the distribution of the value added among production factors and the redistribution of income among agents/institutions. The simulations of a partial economic "closure" show modest welfare reduction for most workers and families. Also, we checked that the homogeneity property of the model holds only with full indexation of all income transfers, which has important implications for the income distribution process modeling. |
publishDate |
2005 |
dc.date.none.fl_str_mv |
2005-12-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://www.revistas.usp.br/ee/article/view/35859 10.1590/S0101-41612005000400006 |
url |
https://www.revistas.usp.br/ee/article/view/35859 |
identifier_str_mv |
10.1590/S0101-41612005000400006 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://www.revistas.usp.br/ee/article/view/35859/38575 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2005 Samir Cury, Allexandro Mori Coelho, Carlos Henrique Corseuil http://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2005 Samir Cury, Allexandro Mori Coelho, Carlos Henrique Corseuil http://creativecommons.org/licenses/by-nc/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade |
publisher.none.fl_str_mv |
Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade |
dc.source.none.fl_str_mv |
Estudos Econômicos (São Paulo); v. 35 n. 4 (2005); 739-765 1980-5357 0101-4161 reponame:Estudos Econômicos (São Paulo) instname:Universidade de São Paulo (USP) instacron:USP |
instname_str |
Universidade de São Paulo (USP) |
instacron_str |
USP |
institution |
USP |
reponame_str |
Estudos Econômicos (São Paulo) |
collection |
Estudos Econômicos (São Paulo) |
repository.name.fl_str_mv |
Estudos Econômicos (São Paulo) - Universidade de São Paulo (USP) |
repository.mail.fl_str_mv |
estudoseconomicos@usp.br||aldrighi@usp.br |
_version_ |
1787713828046241792 |