Aceleração do crescimento econômico e a experiência do wageshare brasileiro: uma abordagem heterodoxa e econométrica

Abstract

This paper aims to present a theoretical model that will serve as a basis for the empirical analysis presented for the Brazilian economy, aiming to verify the pattern of economic growth during the period from 2000 to 2016, which was in force in Brazil. Thus, the purpose is to verify if the country showed a wage-led or profit-let characteristic, that is, to indicate if the economic growth regime was driven by wages or profits. The model developed was the post-Keynesian third generation model, model Bhaduri & Marglin (1990), which allows, through the estimated parameters of regression of the investment function of the model, to classify the regime of economic growth of the economies. It was observed international and national research and what would be the possible economic policies adopted for the Brazilian economy. The empirical result was that the Brazilian economy, during the period tested, had economic growth driven by the wage mass in the light of the theoretical model of Bhaduri & Marglin (1990).