<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0185-1667</journal-id>
<journal-title><![CDATA[Investigación económica]]></journal-title>
<abbrev-journal-title><![CDATA[Inv. Econ]]></abbrev-journal-title>
<issn>0185-1667</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Economía]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0185-16672020000300007</article-id>
<article-id pub-id-type="doi">10.22201/fe.01851667p.2020.313.76063</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Income Distribution and Pattern of Specialization in Open Economies]]></article-title>
<article-title xml:lang="es"><![CDATA[Distribución del ingreso y patrón de especialización en economías abiertas]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Dvoskin]]></surname>
<given-names><![CDATA[Ariel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Feldman]]></surname>
<given-names><![CDATA[Germán David]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Nacional de San Martín  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Argentina</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2020</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2020</year>
</pub-date>
<volume>79</volume>
<numero>313</numero>
<fpage>7</fpage>
<lpage>30</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0185-16672020000300007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0185-16672020000300007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0185-16672020000300007&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT In this paper we show that the positive connection between exchange rate undervaluation and structural change postulated by several unorthodox economists in recent times depends on very specific assumptions, which prevent their conclusions from being sufficiently general. To this aim, we examine the interaction among distributive variables under three different productive structures: Price-taking economies that produce tradable industrial goods, price-taking countries that produce a primary good under differential rent and, finally, price-making countries. In view that the interaction among distributive variables is a priori indeterminate, we conclude that devaluation should be very carefully considered before this policy is recommended to induce structural change.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN En este trabajo mostramos que la relación positiva entre devaluación y cambio estructural postulada por varios economistas no ortodoxos en tiempos recientes depende de supuestos muy específicos que impiden que sus conclusiones sean lo suficientemente generales. A tal fin, examinamos la interacción entre las variables distributivas en tres estructuras productivas diferentes: economías tomadoras de precios que producen bienes industriales, países tomadores de precios que producen un bien primario en condiciones de renta diferencial y, finalmente, países formadores de precios. Dado que la interacción entre las variables distributivas es a priori indeterminada, concluimos que los efectos de una devaluación deben ser cuidadosamente explorados antes de que dicha política sea recomendada como la más adecuada para inducir el cambio estructural.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Exchange rate]]></kwd>
<kwd lng="en"><![CDATA[income distribution]]></kwd>
<kwd lng="en"><![CDATA[price taking country]]></kwd>
<kwd lng="en"><![CDATA[price making country- structural change]]></kwd>
<kwd lng="es"><![CDATA[tipo de cambio]]></kwd>
<kwd lng="es"><![CDATA[distribución del ingreso]]></kwd>
<kwd lng="es"><![CDATA[país tomador de precios]]></kwd>
<kwd lng="es"><![CDATA[país formador de precios]]></kwd>
<kwd lng="es"><![CDATA[cambio estructural]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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</article>
