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Distribution and productivity growth: an empirical exercise applied to selected Latin American countries

Author

Listed:
  • Douglas Alcantara Alencar

    (UFPA)

  • Frederico Gonzaga Jayme Jr.

    (Cedeplar-UFMG)

  • Gustavo Britto

    (Cedeplar-UFMG)

  • Claudio Puty

    (UFPA)

Abstract

In this article we analyze, from a Latin American structuralist perspective, whether productivity growth is affected by growth in income and employment. In order to test our hypothesis, we have chosen a sample of Latin American countries that represent 86% of the region’s gross domestic product. We perform an econometric test of the so-called Kaldor-Verdoon parameter and the employment growth parameter for the selected countries.

Suggested Citation

  • Douglas Alcantara Alencar & Frederico Gonzaga Jayme Jr. & Gustavo Britto & Claudio Puty, 2018. "Distribution and productivity growth: an empirical exercise applied to selected Latin American countries," Textos para Discussão Cedeplar-UFMG 589, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td589
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    More about this item

    Keywords

    Demand-led growth; Endogenous technological change; Wage-led and profit-led demand regimes; Productivity regime; Latin American structuralism.;
    All these keywords.

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles

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