Crescimento econômico e a distribuição da mão-de-obra entre os setores formal e informal do mercado de trabalho: teoria e evidência empírica para a economia brasileira
Thiago Luiz Rodarte and
Additional contact information
Thiago Luiz Rodarte: Cedeplar-UFMG
Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais
The hypothesis that in the long run only supply conditions can explain economic growth has been challenged by research that attaches a central role to demand conditions. In this case, there would be a feedback process in which productivity and labor supply would affect aggregate demand and this would impact the former. Several studies have addressed empirically the impact of growth on productivity and of productivity on growth, but the impact of labor supply on growth and vice versa have not been sufficiently analyzed. This paper aims to investigate whether such a relationship exists for the Brazilian economy, taking into account an important feature of its labor market, namely the high participation of workers in precarious situation in total employment. So the informal side of the labor market would act as a supplier of labor to the formal sector, what would contribute to growth, which in turn would cause formality (informality) to increase (decrease). We estimate a VAR model and find a negative relationship between demand conditions and the number of workers in precarious employment, as well as a positive relationship between the number of workers in the formal market and aggregate demand.
Keywords: growth; aggregate demand; labor market; formality; informality (search for similar items in EconPapers)
JEL-codes: O17 J21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-iue
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cdp:texdis:td455
Ordering information: This working paper can be ordered from
Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil
Access Statistics for this paper
More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Gustavo Britto ().