IDEAS home Printed from https://ideas.repec.org/p/ufb/wpaper/062.html
   My bibliography  Save this paper

A relação entre a distribuição funcional da renda e o crescimento econômico: uma breve síntese e análise econométrica de um conjunto de países da OCDE

Author

Listed:
  • Breno Nahuel Freneau

    (FACE-UFG)

  • Sérgio Fornazier Meyrelles Filho

    (FACE-UFG)

Abstract

The purpose of this study is to investigate the effects of changes in income distribution on economic growth. First, the post-Keynesian economic approach, associated with this research program, is briefly discussed. Second, a model of income distribution and economic growth based on the proposition of Bhaduri and Marglin (1990) is presented. It leads to the conclusion that the demand regime may be wage-led, profit-led or intermediate, as determined by the system parameters. Third and last, an econometric study of a group of developed countries is carried out with the estimation of generalized least squares estimators. The empirical analysis suggests that all countries in the sample present wage-led demand regimes; that, on the one hand, Finland presents a wage-led accumulation regime and is, therefore, a wage-led economy; and that, on the other hand, France presents a profit-led accumulation regime and is, therefore, an intermediary economy.

Suggested Citation

  • Breno Nahuel Freneau & Sérgio Fornazier Meyrelles Filho, 2017. "A relação entre a distribuição funcional da renda e o crescimento econômico: uma breve síntese e análise econométrica de um conjunto de países da OCDE," Working papers - Textos para Discussao do Curso de Ciencias Economicas da UFG 062, Curso de Ciencias Economicas da Universidade Federal de Goias - FACE.
    • Handle: RePEc:ufb:wpaper:062
    as

    Download full text from publisher

    File URL: https://files.cercomp.ufg.br/weby/up/118/o/TD_062.pdf
    File Function: First version, 2017
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Income distribution; Economic growth; Demand and accumulation regimes;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ufb:wpaper:062. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sandro E. Monsueto (email available below). General contact details of provider: https://edirc.repec.org/data/ecufgbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.