IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v22y2002i2p297-315id937.html
   My bibliography  Save this article

Políticas de empleo en economias semi-industrializadas

Author

Listed:
  • Julio López G.
  • Penélope Pacheco L.

Abstract

The main objective of this paper is to analyze economic policy options to foster economic growth and the absorption of unemployment in the short run in open semi-industrialized economies. We take into account the existence of idle capacity, and we postulate that at least part of these capacities could be put to use in the short run, stimulating output growth even as equilibrium in the trade balance is maintained. We emphasize the necessity to combine competitiveness of the real exchange with price stability and with a fair distribution of income. We thus propose to counterbalance the negative effects of an increase in the exchange rate on workers’ purchasing power, with compensation achieved either through direct subsidies or reduction in the Value Added Tax for basic goods. With two econometric exercises carried out for Brazil and Mexico we empirically analyze the basic hypothesis of this paper. JEL Classification: E12; J0; L6.

Suggested Citation

  • Julio López G. & Penélope Pacheco L., 2002. "Políticas de empleo en economias semi-industrializadas," Brazilian Journal of Political Economy, Center of Political Economy, vol. 22(2), pages 297-315.
    • Handle: RePEc:ekm:repojs:v:22:y:2002:i:2:p:297-315:id:937
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/937/2145
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    semi-industrialized; employment; economic growth;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • J0 - Labor and Demographic Economics - - General
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:22:y:2002:i:2:p:297-315:id:937. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.