Wage share and economic growth in Latin America, 1950-2011

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cepal.articleNo3
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/G.2614-P
cepal.docTypeRevistas
cepal.idSade54399
cepal.jelCodeE01
cepal.jelCodeE12
cepal.jelCodeE25
cepal.jelCodeN16
cepal.jelCodeN36
cepal.jobNumberRVI113Alarco_en
cepal.physicalDescriptiongráficos., tablas.
cepal.regionalOfficeSantiago
cepal.topicEngEMPLOYMENT
cepal.topicSpaEMPLEO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorAlarco Tosoni, Germán
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-12-10T12:41:37Z
dc.date.available2014-12-10T12:41:37Z
dc.date.issued2014-08
dc.description.abstractThis article builds series of wage shares in gross domestic product (GDP) for 15 Latin American economies individually and as a group for the period 1950-2010. Using different methodologies, it is established that wage share is non-linear and has undergone two major cycles. The article discusses various authors, especially classic and post-Keynesian thinkers, who have explored the relationship between wage share in GDP and economic activity. It is also shown that the post-Keynesian approach is relevant in explaining that the main variables determining real gdp variations include wage share, gross capital formation and exports of goods and services. However, the contribution of wage share to real output growth has declined from the 1980s onwards.
dc.formatTexto
dc.format.extentpáginas. 41-5
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2614-P
dc.identifier.urihttps://hdl.handle.net/11362/37418
dc.language.isoeng
dc.physicalDescriptionp. 41-56; grafs., tabls.
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo113
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordParticipación salarial y crecimiento económico en América Latina, 1950-2011
dc.relation.translationUrihttps://hdl.handle.net/11362/36958
dc.rights.coarDisponible
dc.subject.unbisEngWAGES
dc.subject.unbisEngGROSS DOMESTIC PRODUCT
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngECONOMETRIC MODELS
dc.subject.unbisSpaSALARIOS
dc.subject.unbisSpaPRODUCTO INTERNO BRUTO
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaMODELOS ECONOMETRICOS
dc.titleWage share and economic growth in Latin America, 1950-2011
dc.type.coarrevista
dspace.entity.typePublication
relation.isAuthorOfPublicationfe61bd5c-f3f5-4ee9-aaab-6817bdd5d2d2
relation.isAuthorOfPublication.latestForDiscoveryfe61bd5c-f3f5-4ee9-aaab-6817bdd5d2d2
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