Distributive inequality and per capita income growth

About The Book

Recently economic literature has reversed the causal relationship between economic growth and income distribution (i.e. inequality now affects growth and not the other way around) investigating why less developed countries have not kept pace with those at a more advanced stage of development blaming the distributive inequality inherent in poorer countries as a factor that prevents economic growth at levels comparable to those of the first world. In this book I intend to investigate the impact in direction and magnitude of income distribution inequality on the variation in per capita income in Brazilian states ascertaining whether its effect differs between richer and poorer states.
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