SciELO - Scientific Electronic Library Online

 
vol.13 issue24REFORM AND SELF DEFEATING AGRARIAN REFORM IN COLOMBIAREAL-TIME DATA: AN APPLICATION TO THE TAYLOR RULE IN COLOMBIA author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Revista de Economía Institucional

Print version ISSN 0124-5996

Abstract

GARCIA M., Mario  and  GARZON R., Carlos A.. THE DISTRIBUTION FRONTIER IN COLOMBIA. Rev.econ.inst. [online]. 2011, vol.13, n.24, pp. 357-372. ISSN 0124-5996.

The Distribution Frontier is calculated for the Colombian economy using the 2005 supply and utilization matrixes data of goods in current prices. A basic model of circular capital is used based upon Sraffa (1960), Pasinetti (1986), and Muñoz and Riaño (1992). The frontier was calculated for "ex ante" and "ex post" salaries. The "ex ante" frontier has an inflexion point and the position of the economy is to the left of this point. The "ex post" frontier is concave.

Keywords : wage-profit frontier; distribution theory; Sraffa.

        · abstract in Spanish     · text in Spanish     · pdf in Spanish