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Previous issue date: 2017-03-30 === This study analyzes the presence of the Goodwin growth cycle (or Goodwin model) in the
Brazilian economy for the period between 1947 and 2013. The analysis is carried out through
a wage share time series obtained from the sources from the Brazilian economy and a series
for the level of capacity utilization. Obtaining wage share time series contemplates the
division of mixed incomes between labor income and capital income. The analysis for the
presence of Goodwin cycles is made through a qualitative evaluation, the procedures of
Harvie (2000) and Pichardo (2015). In addition, dummy variables are used to identify the
dynamics between the wage share and the level of capacity utilization corresponding to
different periods in the history of the Brazilian economy. The periods are defined according to
the current socioeconomic characteristics of Brazilian society. The results indicate the
presence of mechanisms of the type associated with the Goodwin model for different
moments in the Brazilian economy. However, the Goodwin cycle is only observed for the
period between 1998 and 2009. === Este estudo analisa a presen?a do ciclo de crescimento de Goodwin (ou modelo de Goodwin)
na economia brasileira para o per?odo 1947-2013. A an?lise ? efetuada atrav?s de uma s?rie
para a parcela salarial, obtida a partir das fontes dispon?veis para a economia brasileira, e uma
s?rie para o n?vel de utiliza??o da capacidade instalada. A obten??o da s?rie para a parcela
salarial contempla a divis?o dos rendimentos mistos entre remunera??o do trabalho e
remunera??o do capital. A an?lise para a presen?a de ciclos de Goodwin ? efetuada atrav?s de
uma avalia??o qualitativa dos procedimentos de Harvie (2000) e de Pichardo (2015).
Adicionalmente, utilizam-se vari?veis dummy, com vistas a identificar as din?micas entre a
parcela salarial e o n?vel de utiliza??o da capacidade instalada correspondentes a distintos
per?odos da economia brasileira brasileira. Os per?odos s?o definidos de acordo com as
caracter?sticas socioecon?micas vigentes na sociedade. Os resultados indicam a presen?a de
mecanismos consistentes com o modelo de Goodwin, em distintos momentos, na economia
brasileira. Entretanto o ciclo de Goodwin somente ? observado no per?odo 1998-2009.
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