Real wages and basic food supply in Brazil

Vol. 10 No. 3 (1990)

Jul-Sep / 1990
Published July 1, 1990
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Luque, Carlos Antonio, and José Paulo Zeetano Chahad. 1990. “Real Wages and Basic Food Supply in Brazil”. Brazilian Journal of Political Economy 10 (3):344-65. https://doi.org/10.1590/0101-31571990-0536.

Real wages and basic food supply in Brazil

Carlos Antonio Luque
Faculdade de Economia e Administração da Universidade de São Paulo-FEA/USP, São Paulo/SP, Brasil.
José Paulo Zeetano Chahad
Faculdade de Economia e Administração da Universidade de São Paulo-FEA/USP, São Paulo/SP, Brasil.
Brazilian Journal of Political Economy, Vol. 10 No. 3 (1990), Jul-Sep / 1990, Pages 344-365

Abstract

According to the available data, real wage has been declining since 1980, in
terms of wage goods, mainly food, even in the presence of several nominal wage policies.
The main consequence has been the acceleration of the national income concentration,
against the labor share. In order to solve this problem and to increase the real wages, the
government should adopt a program in the direction of the economic development. To make
this possible, it is necessary: (a) to concentrate the investment in the wage goods production;
(b) to stimulate the wage goods demand and (c) to utilize the “normal” external prices as a
price indicator to the Brazilian agriculture producer.

JEL Classification: J31; J38.


Keywords: Wages income concentration consumption