<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0185-1667</journal-id>
<journal-title><![CDATA[Investigación económica]]></journal-title>
<abbrev-journal-title><![CDATA[Inv. Econ]]></abbrev-journal-title>
<issn>0185-1667</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Economía]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0185-16672022000300062</article-id>
<article-id pub-id-type="doi">10.22201/fe.01851667p.2022.321.81800</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Redistribution, Inequality, and Growth: GVAR Approach]]></article-title>
<article-title xml:lang="es"><![CDATA[Redistribución, desigualdad y crecimiento: un enfoque GVAR]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Attílio]]></surname>
<given-names><![CDATA[Luccas]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidade de Ouro Preto  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Brazil</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2022</year>
</pub-date>
<volume>81</volume>
<numero>321</numero>
<fpage>62</fpage>
<lpage>87</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0185-16672022000300062&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0185-16672022000300062&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0185-16672022000300062&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT This article investigates the effect of GDP redistribution in 33 economies in the period 1980Q1-2019Q4, using the GVAR model. Redistribution shocks increase GDP to a greater extent in groups of countries with greater inequality, losing their effectiveness in more egalitarian groups. Credit and investment stood out as potential transmission channels for these shocks. By incorporating financial development, the shocks of inequality no longer harm production in most cases. Similarly, the interaction between financial development and redistribution enhanced the effect of redistribution on the production of more egalitarian groups. This evidence suggests that financial development can bring benefits to redistribution and reduce the harm of inequality. Finally, we found significant heterogeneity in the responses of the GDP of each economy to redistributive shocks, suggesting that domestic specificities are relevant for the understanding of redistribution policies.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN En este artículo se investiga con un modelo GVAR el efecto de la redistribución del PIB en 33 economías en el periodo 1980Q1-2019Q4. Los choques de redistribución incrementan el PIB en mayor medida en grupos de países con más desigualdad y pierden su efectividad en grupos de países más equitativos. El crédito y la inversión destacan como canales potenciales de transmisión de estos choques. Al incorporar el desarrollo financiero, los choques de desigualdad cesan de perjudicar a la producción en la mayoría de los casos. De igual manera, la interacción entre el desarrollo financiero y la redistribución aumenta el efecto de la redistribución sobre la producción de los grupos de países más igualitarios. Esta evidencia sugiere que el desarrollo financiero puede conferir beneficios a la redistribución y reducir el perjuicio de la desigualdad. Finalmente, encontramos heterogeneidad significativa en las respuestas del PIB de cada economía ante choques redistributivos, lo cual sugiere que las especificidades nacionales son relevantes para la comprensión de las políticas de redistribución.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Redistribution]]></kwd>
<kwd lng="en"><![CDATA[inequality]]></kwd>
<kwd lng="en"><![CDATA[GDP]]></kwd>
<kwd lng="en"><![CDATA[growth]]></kwd>
<kwd lng="en"><![CDATA[financial development]]></kwd>
<kwd lng="en"><![CDATA[E27]]></kwd>
<kwd lng="en"><![CDATA[E37]]></kwd>
<kwd lng="en"><![CDATA[O40]]></kwd>
<kwd lng="es"><![CDATA[redistribución]]></kwd>
<kwd lng="es"><![CDATA[desigualdad]]></kwd>
<kwd lng="es"><![CDATA[PIB]]></kwd>
<kwd lng="es"><![CDATA[crecimiento]]></kwd>
<kwd lng="es"><![CDATA[desarrollo financiero]]></kwd>
<kwd lng="es"><![CDATA[E27]]></kwd>
<kwd lng="es"><![CDATA[E37]]></kwd>
<kwd lng="es"><![CDATA[O40]]></kwd>
</kwd-group>
</article-meta>
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