O INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DO USUÁRIO VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORBugarin, Mauricio SoaresPortugal, AdrianaSakurai, Sergio Naruhiko2023-07-192023-07-192008https://repositorio.insper.edu.br/handle/11224/5853This chapter presents a theoretical and an empirical analysis of the effect of inequality on the cost of electoral campaigns. An electoral competition model suggests that electoral campaigns costs increase with the level of inequality. An econometric analysis of Brazilian 2002 and 2004 elections at the state and municipal levels supports the results of the theoretic model. Moreover, the regressions suggest that the lower the age dispersion and the higher the education dispersion of voters, the more expensive the electoral campaigns. The empirical and theoretic results stress the importance of careful campaign financing regulation in highly-unequal Latin American countries.29 p.DigitalPortuguêsworking paperElectoral campaign costsincome inequalityelectoral competitionparty ideologylobbyBEWP 043/2008