A north-south economic growth model: the role of income distribution

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1. Verfasser: Luciano Dias de Carvalho
Format: Artículo científico
Sprache:en
Veröffentlicht: Universidad Nacional Autónoma de México 2023
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author Luciano Dias de Carvalho
author_facet Luciano Dias de Carvalho
contents A north-south economic growth model: the role of income distribution Luciano Dias de Carvalho Luciano Ferreira Gabriel Economía y Finanzas Economic growth technological gap balance of payment constrained growth (BPCG) The main objective of this article is to present in a balance of payment constrained growth (BPCG) model the role of income distribution and technological progress in the growth pattern of a developing economy. For this purpose, an index of the quality of exports and the existence of distributive conflict in the labor market are taken into consideration. The technological progress of the South depends on income distribution and the technological gap. Based on this framework, four types of growth patterns -such as those explained in Fajnzylberg (2000)- are possible: 1) dynamic and disarticulated, 2) integrated and stagnant, 3) disarticulated and stagnant, and 4) dynamic with social equity. Several equilibrium possibilities (including multiple equilibria) were discussed. Furthermore, the South catching up conditions were highlighted. Jel classification:E12, O11, O31. 2023 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60179526007 https://www.redalyc.org/journal/601/60179526007/ https://www.redalyc.org/journal/601/60179526007/html/ https://www.redalyc.org/journal/601/60179526007/60179526007.epub https://www.redalyc.org/journal/601/60179526007/movil 10.22201/fe.01851667p.2023.325.84287 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.325 Vol.82
format Artículo científico
id redalyc_60179526007
institution Redalyc
language en
publishDate 2023
publisher Universidad Nacional Autónoma de México
spellingShingle A north-south economic growth model: the role of income distribution
Luciano Dias de Carvalho
Economía y Finanzas
Economic growth
technological gap
balance of payment constrained growth (BPCG)
A north-south economic growth model: the role of income distribution Luciano Dias de Carvalho Luciano Ferreira Gabriel Economía y Finanzas Economic growth technological gap balance of payment constrained growth (BPCG) The main objective of this article is to present in a balance of payment constrained growth (BPCG) model the role of income distribution and technological progress in the growth pattern of a developing economy. For this purpose, an index of the quality of exports and the existence of distributive conflict in the labor market are taken into consideration. The technological progress of the South depends on income distribution and the technological gap. Based on this framework, four types of growth patterns -such as those explained in Fajnzylberg (2000)- are possible: 1) dynamic and disarticulated, 2) integrated and stagnant, 3) disarticulated and stagnant, and 4) dynamic with social equity. Several equilibrium possibilities (including multiple equilibria) were discussed. Furthermore, the South catching up conditions were highlighted. Jel classification:E12, O11, O31. 2023 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60179526007 https://www.redalyc.org/journal/601/60179526007/ https://www.redalyc.org/journal/601/60179526007/html/ https://www.redalyc.org/journal/601/60179526007/60179526007.epub https://www.redalyc.org/journal/601/60179526007/movil 10.22201/fe.01851667p.2023.325.84287 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.325 Vol.82
title A north-south economic growth model: the role of income distribution
topic Economía y Finanzas
Economic growth
technological gap
balance of payment constrained growth (BPCG)
url https://www.redalyc.org/articulo.oa?id=60179526007
https://www.redalyc.org/journal/601/60179526007/
https://www.redalyc.org/journal/601/60179526007/html/
https://www.redalyc.org/journal/601/60179526007/60179526007.epub
https://www.redalyc.org/journal/601/60179526007/movil