Salários e crescimento econômico : fundamentos da abordagem estruturalista num modelo neoclássico
By: BARROS, Alexandre Rands
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ArticlePublisher: São Paulo : Nobel, abr./jun. 1994Revista de Economia Política = Brazilian Journal of Political Economy 14, 2, p. 77-89Abstract: A neoclassical growth model with failure in the labor market and positive externa-lities accruing from rising capital intensity is presented. This model is used to support the structuralist hypothesis that rising real wages may have a positive effect on GDP growth. The model also challenges the orthodox conclusion that higher propensity to save necessarily leads to higher rates of GDP growth
A neoclassical growth model with failure in the labor market and positive externa-lities accruing from rising capital intensity is presented. This model is used to support the structuralist hypothesis that rising real wages may have a positive effect on GDP growth. The model also challenges the orthodox conclusion that higher propensity to save necessarily leads to higher rates of GDP growth
Resvita de Economia Política 1994
v. 14, n. 2(54)
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