A strategy for development with income redistribution: the minimum wage and growth fronts in Mexico

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cepal.articleNo5
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/PUB.2022/5-P
cepal.docTypeRevistas
cepal.jelCodeO11
cepal.jelCodeJ31
cepal.jelCodeR15
cepal.jobNumberRVI136_Bielschowsky
cepal.physicalDescriptiongráficos., tablas.
cepal.regionalOfficeSantiago
cepal.sdg1
cepal.sdg8
cepal.topicEngECONOMIC GROWTH
cepal.topicEngEMPLOYMENT
cepal.topicEngINCOME DISTRIBUTION
cepal.topicSpaCRECIMIENTO ECONÓMICO
cepal.topicSpaDISTRIBUCIÓN DEL INGRESO
cepal.topicSpaEMPLEO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorBielschowsky, Ricardo
dc.contributor.authordel Castillo, Miguel
dc.contributor.authorSqueff, Gabriel Coelho
dc.contributor.authorOrozco, Roberto
dc.contributor.authorBeteta, Hugo E.
dc.coverage.spatialEngMEXICO
dc.coverage.spatialSpaMEXICO
dc.date.accessioned2022-08-05T00:46:17Z
dc.date.available2022-08-05T00:46:17Z
dc.date.issued2022-04
dc.description.abstractThe purpose of this study is to contribute to the discussion on the viability and potential impact of substantially increasing the pay of the lowest-income workers. To this end, a set of simulations are carried out using the input-output matrix to assess the impact on economic variables of increasing the minimum wage. The analysis yields very favourable indications for the viability of growth with income redistribution in Mexico, based essentially on the domestic mass consumption market. Stimulating growth in demand from the lowest-income households has a favourable impact on GDP and employment and only a relatively small effect on both inflation and imports, which grow by much less than they have with the model that has operated over recent decades.
dc.formatTexto
dc.format.extentpáginas. 87-10
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/PUB.2022/5-P
dc.identifier.urihttps://hdl.handle.net/11362/48042
dc.language.isoeng
dc.physicalDescriptionp. 87-108; grafs., tabls.
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.isPartOfSeriesNo136
dc.relation.translationLanguagespa
dc.relation.translationRecordEstrategia de desarrollo con redistribución del ingreso: el salario mínimo y los frentes de expansión en México
dc.relation.translationUrihttps://hdl.handle.net/11362/47862
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC DEVELOPMENT
dc.subject.unbisEngINCOME DISTRIBUTION
dc.subject.unbisEngMINIMUM WAGE
dc.subject.unbisEngDEVELOPMENT STRATEGIES
dc.subject.unbisEngEMPLOYMENT
dc.subject.unbisEngPRODUCTIVITY
dc.subject.unbisEngCONSUMPTION
dc.subject.unbisSpaDESARROLLO ECONOMICO
dc.subject.unbisSpaDISTRIBUCION DEL INGRESO
dc.subject.unbisSpaSALARIO MINIMO
dc.subject.unbisSpaESTRATEGIAS DEL DESARROLLO
dc.subject.unbisSpaEMPLEO
dc.subject.unbisSpaPRODUCTIVIDAD
dc.subject.unbisSpaCONSUMO
dc.titleA strategy for development with income redistribution: the minimum wage and growth fronts in Mexico
dc.type.coarrevista
dc.usergrouprevistacepal
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