Distribution and productivity growth: an empirical exercise applied to selected Latin American countries
In this article we analyze, from a Latin American structuralist perspective, whether productivity growth is affected by growth in income and employment. In order to test our hypothesis, we have chosen a sample of Latin American countries that represent 86% of the region’s gross domestic product. We perform an econometric test of the so-called Kaldor-Verdoon parameter and the employment growth parameter for the selected countries.
