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4D3##33

Variável Descrição η

(Eta) - Escalar que corresponde à variável latente (não observada)

Y’ = (y1, y2, ... , yP) Vetor dos indicadores observados de η (variáveis endógenas) x’ = (x1, x2, ... ,xq) Vetor das causas observadas de η (variáveis exógenas) λ = (λ1 , λ2 , ... , λP ) (Lambda) - (px1) vetor dos coeficientes da regressão de y em η γ = ( γ1, γ2, ... γq ) (Gama) - (qx1) vetor dos coeficientes da regressão de η em x ξ = (ξ1, ξ2 , ... , ξP ) (KSI) - (px1) vetor da medida dos erros aleatórios de y ζ (Zeta) - Escalar correspondendo ao erro aleatório de η Π (λP x γq ) (PI) - Matriz de coeficientes Ψ = Var(ζ) = E(ζ2) (Psi) - Variância do erro aleatório (ζ) de η Θ = E(ξ.ξ’) = Cov(ξ) (Theta) - Covariância de (KSI)

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Variável Definição Fonte

Indicadoras

CRES Produto Interno Bruto IBGE - SCN NTSCT Número de Trabalhadores sem Carteira de Trabalho - SP IBGE - PME

Causais

DIGPDI Taxa de Inflação - Índice Geral de Preços - Disponibilidade Interna IPEADATA - FGV DESEMP Taxa de Desemprego - Brasil IBGE - PME DTRADE Índice das Importações e Exportações pelo PIB IPEADATA – FUNCEX RDPOC Renda Disponível pela População Ocupada Total Vide Nota 1 SALMIM Salário Mínimo Min. Trab. NTCCT Número de Trabalhadores com Carteira de Trabalho - SP IBGE - PME

CTRIB* Carga Tributária Total SRF - MPAS POC*

População Ocupada Total IBGE - PME

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M3#/λγ 0

Variáveis Modelo 1 Modelo 2 Modelo 3 Modelo 4

Indicadoras

CRES [+] λ1

1,0000 1,0000 1,0000 1,000

NTSCT [+] λ2

2,0074 (0,4946) 4,0587

2,0184 (0,500) 4,0319

1,9809 (0,481) 4,1140

1,9919 (0,4874) 4,0867

Causais DIGPDI [+] γ1

0,0049

(0,0352) 0,1389

0,0058 (0,035) 0,1657

0,0057 (0,035) 0,1592

0,0066

(0,0356) 0,1854

DESEMP [+] γ2

0,1110 (0,0674) 1,6465

0,1063 (0,066) 1,6106

0,1169 (0,068) 1,6991

0,1120 (0,0673) 1,6642

DTRADE [ - ] γ3

0,0115 (0,0360) 0,3200

____ 0,0122 (0,036) 0,3324

____

RDPOC [ - ] γ4

-0,1336 (0,0531) -2,5175

-0,1341 (0,053) -2,5254

-0,1300 (0,052) -2,4952

-0,1307 (0,0522) -2,5038

SALMIM [ ? ] γ5

0,0243 (0,0358) 0,6778

0,0244 (0,035) 0,6854

____ ____

NTCCT [ - ] γ6

-0,2591 (0,0933) -2,7756

-0,2582 (0,093) -2,7644

-0,2631 (0,094) -2,7989

-0,2623 (0,0940) -2,7904

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M#3E#/λγ 0

Variáveis Modelo 1 Modelo 2 Modelo 3 Modelo 4

Indicadoras

CRES [+] λ1

0,5440 0,5425 0,5476 0,5461

NTSCT [+] λ2

1,0920 1,0950 1,0847 1,0877

Causais

DIGPDI [+] γ1

0,0090 0,0107 0,0104 0,0121

DESEMP [+] γ2

0,2041 0,1960 0,2135 0,2051

DTRADE [ - ] γ3

0,0212 ____ 0,0223 ____

RDPOC [ - ] γ4

-0,2456 -0,2473 -0,2375 -0,2393

SALMIM [ ? ] γ5

0,0446 0,0449 ____ ____

NTCCT [ - ] γ6

-0,4763 -0,4760 -0,4804 -0,4803

EN"%"$ %$""#"$"3""'$"%$"",- """"4"$"30"'

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M3#

3I - DIAGRAMA PARA A ECONOMIA SUBMERSA COM OSPARÂMETROS PADRONIZADOS

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0,800,901,001,101,201,301,40

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94

ago/

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96

ago/

97

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N3I 4#3 3

3 #

0,800,901,001,101,201,301,40

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3I 4#3 3

3 #

0,80

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1,00

1,10

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1,40

ago/94 ago/95 ago/96 ago/97 ago/98 ago/99

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0,800,901,001,101,201,301,40

ago/

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fev/9

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7

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Índ

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Modelo 1 Modelo 2 Modelo 3 Modelo 4

" %" " :$" 6"$ %"# "AA& "%" %"

# " )& % "# "$ "7$C 6# %$%$" " "C&

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Período Valor

Médio do Índice

Evolução do Índice

Agosto/94 – Julho/95

0,93

-

Agosto/95 – Julho/96 1,03 10,75% Agosto/96 – Julho/97 1,04 0,97% Agosto/97 – Julho/98 1,15 10,58% Agosto/98 – Julho/99 1,23 6,96% Média Total do Período 1,08 26,00% Desvio-padrão

0,12

Coeficiente de Variação

11%

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Modelo 1 Modelo 2 Modelo 3 Modelo 4

"%$1%$ "M "# 5"$$;"&34#6$ ""#

"#$",-"0%$#" $#6 ""0$"0

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P

B

Variável Teste ADF CRES

I(0)

NTSCT I(0) IGPDI * I(1) DESEMP I(0) TRADE * I(1)

CTRIB I(0) RDPOC I(0) STCCT I(0) SALMIM I(0) NTCCT

I(0)

Q333ID3

&'J@AE@ &' 3" "" $$"6$#$V"

#$"# %BN #" "#" $ "6#') 8!&

-&$%-!'!&)!&0'9*&%')&%')LHH&)*DL'

A@E&' 'J EA&K'J@ &'" #B 3 _N

"#63"."3"$ ""#B$##""$" '3&N

E!(%%(" '+&#L&$%-?! L&,!-&$! %-"'#5$ 6"N

#5$ 6"0"$B$"&)*DD&%'9*?HHI'

&''3"$#"$N55B$53_"$a &!6%!-?!"!

&:! %!").(%-(%-LIL&%')QH?)&)**Q'

&'#" 3" "$6$ "#B$'?!

-&$%-!- ,&0'?L&'9H)&%'HQ*HDI&)***'

EE&JKA &'"" 3"#7N_$

3"$B"$"7'?!$! %-&-&$%-!'%!F0'??&"

L&%')<9H)<H)&)*D?'

E&'JT&E''7&%5"$0"& 3"$#

"$ # " " 6" 6$_3'(%-L!"! -?R 5%&6

8! '3"$ V&)**I'

AA&''! %&: $() .&!: $",!8 %-%8*+'-

NA[&)*DH&:$"/#'9<'

!"#!! $%&&!"!'()*+,-&$%).$! "& "%(

"!-&+)(/012)("!

bbbbbbb'),&*"!" )) %"&8 ,)!!$8 !6& "%(N)*L<)*D<'

K[&)*DD'#"6$ '

bbbbbbb'"#$#"5#"$N"" $5,- "

$" '3&N@&''J@AA@A&K'($6'+&#%" %.)%*+

,! !&,& "%(-N $.""$$&)**)'

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