Title
Factor income distribution and growth regimes in Latin America, 1950–2012
Date Issued
01 March 2016
Access level
metadata only access
Resource Type
journal article
Publisher(s)
International Labour Office
Abstract
After a comprehensive review of the literature on economic growth regimes, the author develops an econometric model to determine the type of growth regime prevailing in 16 Latin American countries over the period 1950–2012, using statistical data on the respective wage share and profit share of GDP. After analysing the evolution of factor income distribution in relation to economic growth during the period in question, the author concludes that most Latin American economies have a wage-led growth regime, and that redistribution policies targeted at wages are therefore conducive to economic growth.
Start page
73
End page
95
Volume
155
Issue
1
Language
English
OCDE Knowledge area
Economía
Scopus EID
2-s2.0-84975132563
Source
International Labour Review
ISSN of the container
00207780
Sources of information: Directorio de Producción Científica Scopus