Economic Growth in the Municipalities of Paraná-Brazil: An Analysis with Spatial Econometrics
DOI:
https://doi.org/10.59072/rper.vi61.537Keywords:
Economic Growth; Education; Health; Human Capital; Income DistributionAbstract
This study differs by analyzing the composition of the variables that represent the education and health dimensions, partially present in the concept of human capital, and the aspects of income distribution as elements to explain the municipalities' economic growth in the State of Paraná. For this purpose, spatial econometric models were tested. Durbin's spatial model (SDM) was the most adequate to reinforce the fact that education, health, and income inequality are elements that determine their economic growth. Regarding income distribution, there is a different contribution; that is, there is an indication that economic growth tends to be positively related to the increase in income concentration when analyzed from the municipality's perspective. In contrast, the municipality's economic growth is positively influenced by the better income distribution in neighboring municipalities.
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