Distribution and demand in Brazil: empirical evidence from the structural and aggregative approaches

被引：4

作者：

Teixeira, Felipe Orsolin ^{[1
]}

Missio, Fabricio Jose ^{[2
]}

Dathein, Ricardo ^{[1
]}

机构：

[1] Univ Fed Rio Grande do Sul, Porto Alegre, RS, Brazil

[2] Ctr Desenvolvimento & Planejamento Reg Minas Gera, BR-31270901 Belo Horizonte, MG, Brazil

来源：

JOURNAL OF POST KEYNESIAN ECONOMICS | 2022年 / 45卷 / 04期

关键词：

Functional income distribution; aggregate demand; capacity utilization; Brazilian economy; FUNCTIONAL INCOME-DISTRIBUTION; PROFIT-LED DEMAND; GROWTH; MODEL; WAGE; REGIMES; LONG;

D O I：

10.1080/01603477.2022.2103826

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the relationship between functional income distribution, aggregate demand and capacity utilization for the Brazilian economy between 2000 and 2015. Therefore, we take on two different theoretical perspectives in the empirical exercises: (i) under the structural perspective, we analyze the effects of the wage share on the components of aggregate demand; and (ii) from an aggregative perspective, we evaluated the cyclical relationship between the demand curve and the distribution curve. The results differ according to the theoretical view: the first approach indicated that aggregate demand assumed a wage-led pattern with negative effects on investment (conflicting-stagnationism), while the second one showed a profit-squeeze distribution regime.

引用

页码：581 / 611

页数：31

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