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Revista de Economía Institucional
Print version ISSN 0124-5996
Abstract
GARCIA M., Mario and GARZON R., Carlos A.. THE DISTRIBUTION FRONTIER IN COLOMBIA. Rev.econ.inst. [online]. 2011, vol.13, n.24, pp.357-372. ISSN 0124-5996.
The Distribution Frontier is calculated for the Colombian economy using the 2005 supply and utilization matrixes data of goods in current prices. A basic model of circular capital is used based upon Sraffa (1960), Pasinetti (1986), and Muñoz and Riaño (1992). The frontier was calculated for "ex ante" and "ex post" salaries. The "ex ante" frontier has an inflexion point and the position of the economy is to the left of this point. The "ex post" frontier is concave.
Keywords : wage-profit frontier; distribution theory; Sraffa.