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« Mystère », « Surprise », « Reproche à la théorie économique ». Que penser de l'évolution du partage du revenu dans les économies semi-industrialisées latino-américaines ?

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  • Pierre Salama
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    The apparent stability of relative shares (profit and wages) in income during the 2000s, or even the increase in the wage share in Latin American countries, seems to be a “surprise” in Kaldor’s opinion, a “mystery” for Schumpeter, or even “a reproach to economic theory” according to Robinson. Various theories that attempt to explain the distribution of added value insist on the relative size of investment, the importance of savings, different types of technical progress (biased or not), the amount of idle capacity, cost structure, the importance of intermediate products, the search for higher markup rates by entrepreneurs and, consecutively, distributive conflict. We will analyze the main macroeconomic models – those of Kaldor, Robinson and Kalecki – in order to go beyond this “reproach to economic theory”.

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    Article provided by Armand Colin in its journal Revue Tiers Monde.

    Volume (Year): n°211 (2012)
    Issue (Month): 3 ()
    Pages: 131-152

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    Handle: RePEc:cai:rtmarc:rtm_211_0131
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