Grupos de Investigación

Taller IECON: "Functional distribution in Uruguay by GDP sectors 1908-2014 Winners and losers of distributional struggle"

Taller a cargo de Sabrina Siniscalchi (IECON) en coautoría con Henry Willebald


The purpose of this empirical study is to analyze the evolution of functional income distribution on the Uruguayan economy during the period 1908-2014, presenting new estimates for the period previous to official data available. In this sense, we estimate four benchmarks (1908, 1919, 1936, 1945) which are in agreement with the available information for 1955-2014 based on the National Account methodology (BROU, 1965; BCU, 1983, 1997, 2005; Bensión and Caumont, 1979; Macadar, 1983; Amarante et al., 2007; De Rosa et al., 2017). The methodology employed for the benchmark estimations was the construction of social tables, and the paper provides a quantitative description and a shift-share analysis for selected periods. We find an increasing presence of wages remuneration until the 1960s while the land rent diminishes, nonetheless non-wage remunerations predominate during the whole period. We observed that the import substitution period has outstanding gains regarding labor-shares due to increments on the real wage of the industrial sector, but also on the public sector –as a consequence of the political patronage practices– and other services. The shift-share analysis shows that variations in labor-share occurred mainly guided by changes in sectoral remuneration rather than the relocation of workers among the most dynamic sectors in the total VA. Also, due to the importance of the service sectors on the share component, some questioning on the development models prevailing during the whole period arises.

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