Uma Análise do Padrão de Mudança Técnica na Índia (1974-2014)
DOI:
https://doi.org/10.14393/REE-v36n2a2021-52263Abstract
This article analyzes the pattern of technical change in India between 1974 and 2014. There was an increase in labor and capital productivities, considering the entire period. However, there were three phases of technical change: 1974-1984, 1984-2004 and 2004-2014. The labor and capital productivities increased in first two periods. In the third period, there was a pattern of biased Marx technical change, which increases labor productivity and reduces capital productivity. Economic growth in the third phase was much higher than in the first two phases, as well as the reduction in poverty levels.
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