Income Distribution and Relative Prices in Argentine Industry, 2016-2021

Between 2016 and 2021, the Argentine economy recorded a significant impact on the functional distribution of its income. Workers fell by almost nine points in value added and the entrepreneurial surplus increased by seven points, with the greatest distributive regressiveness occurring in the manufac...

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Autores principales: Manzanelli, Pablo Daniel, Amoretti, Leandro Tomás
Formato: Artículo publishedVersion
Lenguaje:Español
Publicado: Centro de Estudios de Historia Económica Argentina y Latinoamericana (CEHEAL) 2023
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Acceso en línea:https://ojs.economicas.uba.ar/H-ind/article/view/2912
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=hindus&d=2912_oai
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Sumario:Between 2016 and 2021, the Argentine economy recorded a significant impact on the functional distribution of its income. Workers fell by almost nine points in value added and the entrepreneurial surplus increased by seven points, with the greatest distributive regressiveness occurring in the manufacturing indus­try. Among the factors that tended to drive these changes in industry it is worth mentioning the widening of the gap between real wages and productivity and the strong increase in industrial prices. The paper aims to address these changes in the distribution of income in industry by analyzing the evolution of productivity and wages and the link between sectoral profit margins and the movement of their relative prices based on two case studies (that of the steel and oil chain).