Abstract

ALARCO TOSONI, Germán. Distributive cycles and economic growth in Latin America. Cuad. Econ. [online]. 2017, vol.36, n.spe72, pp.1-42. ISSN 0121-4772.  https://doi.org/10.15446/cuad.econ.v36n72.65819.

This article presents and analyzes the evolution of the wage share and gross operating surplus to GDP in 18 Latin American economies as well as in the region as a whole. Some sinusoidal curves have a common regional history for all cases, but the particularities of each economy still remain important. This paper determines that the regional participation of wage share directly and positively contributed to economic growth in the period 1950-1979; however, between 1980-2014, its contribution is negative, the highest level of contribution being in the sixties. The joint trajectory of the wage share and economic growth is in a better situation in the first period than the second.

JEL: C33, D33, E25, E32, O54.

Keywords : Wage share; factorial distribution; economic cycles; economic growth; Latin America..

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