Skip to main content
Article
"It is the economy, companheiro!": an empirical analysis of Lula's re-election
Economics Bulletin (2009)
  • Claudio D Shikida
  • Leonardo M Monasterio
  • Ari F de Araujo Jr
  • André Carraro
  • Otávio Damé
Abstract

This paper discusses the reasons that led to the Lula's 2006 re-election. Spatial analysis methods revealed that, contrary to 2002, the President had more votes in less developed municipalities of Brazil. The econometric results cast doubt on the analyses that attribute to Bolsa Família Programme total responsibility for the re-election. Lula''s electoral success results from changes in the labor market, low inflation and an export boom that have reduced inequality and improved the real wages of the Brazilian poor.

Keywords
  • Spatial Econometrics,
  • Public Choice,
  • Political Business Cycles,
  • Brazilian Economy,
  • Cash Transfer Programs
Disciplines
Publication Date
May 16, 2009
Citation Information
Claudio D Shikida, Leonardo M Monasterio, Ari F de Araujo Jr, André Carraro, et al.. ""It is the economy, companheiro!": an empirical analysis of Lula's re-election" Economics Bulletin Vol. 29 Iss. 2 (2009)
Available at: http://works.bepress.com/claudio_shikida/10/