DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑA
The purpose of neoliberal reforms was to stimulate private investment and exports, and, therefore, generate higher growth and employment. However, these changes have generated a significant drop in the share of wages in income in both developed and developing countries since the late 70s. This study...
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Format: | Article |
Language: | English |
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Universidad Nacional de Colombia
2018-01-01
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Series: | Cuadernos de Economía |
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Online Access: | https://revistas.unal.edu.co/index.php/ceconomia/article/view/58811 |
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author | JOSE RAUL LUYANDO CUEVAS JULIO HERRERA REVUELTA |
author_facet | JOSE RAUL LUYANDO CUEVAS JULIO HERRERA REVUELTA |
author_sort | JOSE RAUL LUYANDO CUEVAS |
collection | DOAJ |
description | The purpose of neoliberal reforms was to stimulate private investment and exports, and, therefore, generate higher growth and employment. However, these changes have generated a significant drop in the share of wages in income in both developed and developing countries since the late 70s. This study was undertaken using post-Keynesian theory; however, it made changes to investment and exportation functions so that the functional distribution has a greater weight in the estimations. We found that the wage moderation policies have adversely influenced the inner components of demand; while Spain is wage-led, Mexico is profit-led. |
first_indexed | 2024-12-12T01:21:07Z |
format | Article |
id | doaj.art-727fd6f12e67442d9b2d099d46b6a31a |
institution | Directory Open Access Journal |
issn | 0121-4772 2248-4337 |
language | English |
last_indexed | 2024-12-12T01:21:07Z |
publishDate | 2018-01-01 |
publisher | Universidad Nacional de Colombia |
record_format | Article |
series | Cuadernos de Economía |
spelling | doaj.art-727fd6f12e67442d9b2d099d46b6a31a2022-12-22T00:43:14ZengUniversidad Nacional de ColombiaCuadernos de Economía0121-47722248-43372018-01-01377312114210.15446/cuad.econ.v37n73.5881147235DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑAJOSE RAUL LUYANDO CUEVAS0JULIO HERRERA REVUELTA1Universidad Autónoma de Nuevo LeónUNIVERSIDAD DE VALLADOLIDThe purpose of neoliberal reforms was to stimulate private investment and exports, and, therefore, generate higher growth and employment. However, these changes have generated a significant drop in the share of wages in income in both developed and developing countries since the late 70s. This study was undertaken using post-Keynesian theory; however, it made changes to investment and exportation functions so that the functional distribution has a greater weight in the estimations. We found that the wage moderation policies have adversely influenced the inner components of demand; while Spain is wage-led, Mexico is profit-led.https://revistas.unal.edu.co/index.php/ceconomia/article/view/58811Distribución funcional de la rentacrecimiento de la demanda agregadaconsumoinversiónexportaciones netas. |
spellingShingle | JOSE RAUL LUYANDO CUEVAS JULIO HERRERA REVUELTA DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑA Cuadernos de Economía Distribución funcional de la renta crecimiento de la demanda agregada consumo inversión exportaciones netas. |
title | DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑA |
title_full | DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑA |
title_fullStr | DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑA |
title_full_unstemmed | DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑA |
title_short | DISTRIBUCIÓN FUNCIONAL DEL INGRESO Y RÉGIMEN DE CRECIMIENTO EN MÉXICO Y ESPAÑA |
title_sort | distribucion funcional del ingreso y regimen de crecimiento en mexico y espana |
topic | Distribución funcional de la renta crecimiento de la demanda agregada consumo inversión exportaciones netas. |
url | https://revistas.unal.edu.co/index.php/ceconomia/article/view/58811 |
work_keys_str_mv | AT joseraulluyandocuevas distribucionfuncionaldelingresoyregimendecrecimientoenmexicoyespana AT julioherrerarevuelta distribucionfuncionaldelingresoyregimendecrecimientoenmexicoyespana |