EconPapers    
Economics at your fingertips  
 

SHARE OF LABOUR COMPENSATION AND AGGREGATE DEMAND – DISCUSSIONS TOWARDS A GROWTH STRATEGY

Javier Lindenboim, Damián Kennedy and Juan Graña

No 203, UNCTAD Discussion Papers from United Nations Conference on Trade and Development

Abstract: Economic growth strategies of developing countries have focused in the last decades on expanding their exports. In that scheme, wage compression seems necessary in order to compensate the observed slow productivity pace achieving, therefore, “competitiveness”. The core of this discussion is, undoubtedly, how the national product is appropriated through wages and surplus, i.e. the factorial income distribution. From that viewpoint, this paper discusses the long-term impoverishment of Argentinean workers through two key aspects of the economic process: on one hand, the way in which labour force is allocated, by analysing the relationship between real wage and productivity. On the other, how income is used in the acquisition of consumer goods and capital formation. In order to fully comprehend those trends, this paper recourses to an international comparison with two types of countries: the developed ones (United States of America, France and Japan) and the largest Latin American economies (Brazil and Mexico). As these processes take place in the long run, this paper’s analysis period will start from the 1950s.

Date: 2011
New Economics Papers: this item is included in nep-cse and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://unctad.org/system/files/official-document/osgdp20113_en.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unc:dispap:203

Access Statistics for this paper

More papers in UNCTAD Discussion Papers from United Nations Conference on Trade and Development Contact information at EDIRC.
Bibliographic data for series maintained by Joerg Mayer ( this e-mail address is bad, please contact ).

 
Page updated 2025-03-22
Handle: RePEc:unc:dispap:203