Crescimento econômico e a distribuição da mão-de-obra entre os setores formal e informal no mercado de trabalho: teoria da evidência empírica para a economia brasileira

Abstract

The discussion on growth permeates the most diverse currents of economic thought. The dominant hypothesis that in the long run only supply conditions are able to explain this phenomenon has been challenged by research lines that attach to the demand conditions a pivotal role, and for these currents there is a feedback process where productivity and supply of manpower 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 the supply of manpower on the growth and vice versa has not been so approached. In this sense this dissertation aims to investigate whether such a relationship exists for the Brazilian economy, taking into account a remarkable feature of the labor market of our economy, which is the great presence of workers in precarious situation in employment. So the informal side of the labor market would act as a supplier of manpower to the formal sector what would contribute to growth which in turn would cause the formality (informality) increased (decreased). We estimate a VAR model and find the presence of both negative relationship between demand conditions and the number of workers on precarious employment, as a positive relationship between the number of workers in the formal market and aggregate demand.