Abstract

COMBITA-MORA, Gonzalo; PEREZ-RODRIGUEZ, Óscar Eduardo  and  ROJAS-MORA, Jaime Edison. Regression in the Productive Structure and Distribution of Income in Latin America: The History of a Truncated Trajectory. Ens. Econ. [online]. 2021, vol.31, n.58, pp.68-85.  Epub July 16, 2021. ISSN 0121-117X.  https://doi.org/10.15446/ede.v31n58.86477.

This article seeks to establish a theoretical and empirical connection between functional distribution of income and structural change. In the theoretical component a series of unconventional authors that consider the incidence of the productive structure over distribution not neutral are consulted. As for the empirical aspect, the eight largest economies in Latin America are observed in what concerns economic activity and it is corroborated that they, during the period under analysis, show an inverse relation between salary participation in GDP and the advance of the productive structure understood as a convergence of productivity relative to the countries at the technological cutting edge. Likewise, it was found that the workers' aggregate demand is what allows greater remuneration and employment for themselves. Given that the recent trajectory of these economies has been that of a regression in the productive structure, and thus of the distribution of income, it is considered that not only has there been a blockage of the convergence to more complex and sophisticated productive structures of the countries in Latin America, but also these countries have blocked themselves by feverously adopting the market reforms that were rife in the region soon after the economic and social debacle of the 1980s.

JEL: B5, D33, O3, O4.

Keywords : factor income distribution; heterodox economics; technical change; Latin America.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )