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Implicaciones de una teoría del crecimiento endógeno en el concepto macroeconómico de rendimientos crecientes de Allyn Young

Author

Listed:
  • Lauchlin Currie
  • Roger Sandilands

Abstract

En este artículo Lauchlin Currie aclara la teoría macroeconómica de los “rendimientos crecientes” de Allyn Young, quien tanto influyó en sus propuestas de política para Colombia. Esta teoría se deriva del énfasis de Adam Smith en que la competencia y la movilidad amplían el tamaño de la demanda recíproca y real (diferenciada claramente de la demanda monetaria inflacionaria). De esto surge, endógenamente, la mayor especialización como fuente primordial de crecimiento autosostenido, por la difusión recíproca de economías externas. En cambio, otras teorías endógenas enfatizan las economías de escala internas y los mayores insumos de trabajo y capital –cuyas contribuciones se miden por sus ingresos–, el progreso técnico impulsado por el proteccionismo y las ganancias monopólicas.

Suggested Citation

  • Lauchlin Currie & Roger Sandilands, 2013. "Implicaciones de una teoría del crecimiento endógeno en el concepto macroeconómico de rendimientos crecientes de Allyn Young," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 15(28), pages 95-126, January-J.
  • Handle: RePEc:rei:ecoins:v:15:y:2013:i:28:p:95-126
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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/lcurrie28.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    crecimiento endógeno; rendimientos crecientes; teoría macroeconómica; demanda recíproca; crecimiento autosostenido;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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