Abstract

In this paper, we study the conditions (ie., social disarticulation) by which choices in government policy priorities toward sectoral production may instigate increased income inequality. A dynamic multisectoral model is proposed in which the main link that is put forward is the necessary correspondence between rapid growth of production of certain types of goods and the expansion of demand for those same goods in the internal market. Application to Brazil illustrates the possibilities of such a tool for economic analysis and shows that the regressive wage policy implemented in Brazil was indeed consistent with that country's economic priorities and policy emphases.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.