INCOME DISTRIBUTION, CONSUMPTION AND PRODUCTION STRUCTURE: AN ANALYSIS FROM SOCIAL AND FINANCIAL ACCOUNTING MATRICS FOR THE BRAZILIAN ECONOMY

Authors

Abstract

This work aims to analyze the impact of the improvement in distributive indicators, verified in the 2000s, on the productive structure and how this dynamic affected the economic growth trajectory of the Brazilian economy, as well as its repercussion on income distribution. This study is based on social accounting multipliers, obtained from the Social and Financial Accounting Matrices (MCSF) for the years 2005, 2008 and 2017. The main results suggest that the existing problems in the Brazilian productive structure contributed to minimizing the gains arising from an improvement in income distribution and, consequently, limit economic growth. It was also observed the existence of a strong connection between productive structure and income distribution, signaling significant endogeneity between these elements.

Author Biographies

Juliana Rodrigues Vieira, Banco de Desenvolvimento de Minas Gerais (BDMG)

Economista do BDMG.

Gilberto Libânio, Universidade Federal de Minas Gerais

Professor titular do Departamento de Ciências Econômicas e do Programa de Pós-Graduação em Economia do CEDEPLAR / UFMG.

Débora Freire Cardoso, Universidade Federal de Minas Gerais

Professora do Departamento de Ciências Econômicas e do CEDEPLAR / UFMG.

Published

2025-09-15

How to Cite

VIEIRA, J. . R.; LIBÂNIO, G.; CARDOSO, D. F. INCOME DISTRIBUTION, CONSUMPTION AND PRODUCTION STRUCTURE: AN ANALYSIS FROM SOCIAL AND FINANCIAL ACCOUNTING MATRICS FOR THE BRAZILIAN ECONOMY. Nova Economia, [S. l.], v. 35, n. 2, p. 1–52, 2025. Disponível em: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/8618. Acesso em: 6 feb. 2026.