Distribuição setorial da renda: seus efeitos de indução na economia brasileira

Abstract

Studies aiming to evaluate the structural distribution of economic impacts usually treat consumption demand as an exogenous variable. In this case, the Leontief matrix multiplier lacks the multiplier process via the consumption function that one customarily finds in a Keynesian model. Merely regarding the consumption as a fictitious production activity is not the appropriate procedure, and the Keynesian consumption function should be introduced on a deseggregated level. For that, a matrix multiplier was formulated in order to combine the Leontief and the Keynesian propagation processes in the form of the Leontief inverse multiplied by a subjoined inverse matrix. The subjoined inverse reflects the effect of endogenous changes in consumption demand. Based on the present production structure in Brazil, the results show how the propagation effect channels the induced income towards capitalists, depriving wage earners, The model also allows for the evaluation of diverse effects of the propagation process according to income and consumption coefficients by sector.