Real wages and basic food supply in Brazil

Carlos Antonio Luque () and José Paulo Zeetano Chahad ()

Brazilian Journal of Political Economy, 1990, vol. 10, issue 3, 344-365

Abstract: According to the available data, real wage has been declining since 1980, interms of wage goods, mainly food, even in the presence of several nominal wage policies.The main consequence has been the acceleration of the national income concentration,against the labor share. In order to solve this problem and to increase the real wages, thegovernment should adopt a program in the direction of the economic development. To makethis possible, it is necessary: (a) to concentrate the investment in the wage goods production;(b) to stimulate the wage goods demand and (c) to utilize the “normal” external prices as aprice indicator to the Brazilian agriculture producer. JEL Classification: J31; J38.

Keywords: Wages; income concentration; consumption (search for similar items in EconPapers)
Date: 1990
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