Una comprobación empírica de dos teorías de la participación del trabajo: Argentina 1950-1963

Abstract

Two income distribution theories are tested-Kaldor's and a margbalist version-in order to discover which explains better the behaviour of the distributive shares of Argentina's Product for the period 1950-63. While Kaldor's Model predicts that the factor shares depend upon the investment-output ratio, the marginalist model, assuming a Cobb-Douglas production function, precdicts constancy in the above mentioned shares. These predictions are put against the Argentinian data. The tentative conclusion drawn is that the empirical evidence disfavours the latter theory.