Table 1

Results of the two-dimensional TVAR estimation for Brazil (1996–2022) using the Gini index for disposable income as a threshold

Private investment equationPublic investment equation
Low inequalityHigh inequalityLow inequalityHigh inequality
Private investment (−1)0.0281−0.0731−0.4822**0.4349***
Public investment (−1)0.2477**−0.04800.20410.0345
Intercept−0.02940.0160−0.02580.0026

Note(s): Significance: ***1%, **5%, *10%

Source(s): Authors’ elaboration

or Create an Account

Close subscription notice
Close access options