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Real wages and basic food supply in Brazil

Author

Listed:
  • Carlos Antonio Luque

    (Faculdade de Economia e Administração da Universidade de São Paulo-FEA/USP, São Paulo/SP, Brasil.)

  • José Paulo Zeetano Chahad

    (Faculdade de Economia e Administração da Universidade de São Paulo-FEA/USP, São Paulo/SP, Brasil.)

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.

Suggested Citation

  • Carlos Antonio Luque & José Paulo Zeetano Chahad, 1990. "Real wages and basic food supply in Brazil," Brazilian Journal of Political Economy, Center of Political Economy, vol. 10(3), pages 344-365, July.
    • Handle: RePEc:ekm:repojs:v:10:y:1990:i:3:id:96321
    DOI: 10.1590/0101-31571990-0536
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    Keywords

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    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy

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