Rendimentos crescentes e a distribuição internacional de renda
By: ZAGOTTIS, Alexandre de
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ArticlePublisher: São Paulo : Editora 34, jul./set. 2008Revista de Economia Política = Brazilian Journal of Political Economy 28, 3, p. 454-470Abstract: Increasing returns and the international distribution of income. The existence of increasing returns in high technology industries assigns a path dependent character to the international division of labor. Rich countries, first entrants in these industries, enjoy permanent advantages that prevent, in a free market environment, the development of such industries in middle-income countries. This dynamics allows the former group of countries to experience a higher growth rate of labor productivity than the latter, and, as a result, increases the gap between the workers standard of living in these countries. It is up to the States of middle-income countries the task of devising development strategies capable of breaking such pattern and improving the international distribution of income
Increasing returns and the international distribution of income. The existence of increasing returns in high technology industries assigns a path dependent character to the international division of labor. Rich countries, first entrants in these industries, enjoy permanent advantages that prevent, in a free market environment, the development of such industries in middle-income countries. This dynamics allows the former group of countries to experience a higher growth rate of labor productivity than the latter, and, as a result, increases the gap between the workers standard of living in these countries. It is up to the States of middle-income countries the task of devising development strategies capable of breaking such pattern and improving the international distribution of income
v. 28, n. 3(111)
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