Preços e distribuição de renda no Brasil: uma análise de insumo-produto - 1975

Abstract

This paper presents a Marxian model of relative pikes and the wage-profit frontier for Brazil. It is an input-output model estimated with the most recently available data (from 7975). The empirical results show that an increase in the wage share leads to increases as well as decreases in relative prices. The value of gross output also increases for any- value of the wage share above its average level. But the absence of fixed capital data restricts the applicability of the model, since it is likely, that the maximum profit rate is overestimated.