O papel dos Fundos de Participação dos Estados - FPE na convergência da renda per capita dos estados brasileiros

Abstract

The article intends to verify the existence of absolute income per capita convergence of Brazilian states from 1937 to 1999. Using Barro & Salai- Martin (1992)'s estimation methodology, it proceeds the analysis of ß convergence (inverse relation between initial PIB and economic growth rate) and of convergence (decrease of variance among the PIB of states). It has been found convergence only from 1969 to 1999, the same result found by other authors. Afterwards, it is evaluated if there have been conditional convergence with total of High School student registers and if the States` Participation Fund (FPM) has contributed to decrease inequality among Brazilian states. The article uses information extracted from the National Residences Sample Research (PNAD) of 1977, 1998 and 1999 prepared by the Brazilian Institute of Geography and Statistics (IBGE), as well as information about government accounts from 1985 to 2000, collected by the National Treasury Secretariat (STN).Economic Growth, Beta Convergence, Brazil