IDEAS home Printed from https://ideas.repec.org/a/ucm/padeur/v30y2017i2p105-124.html
   My bibliography  Save this article

Acumulación de capital, insuficiencia dinámica y crecimiento económico en América Latina
[Capital accumulation, dynamic insufficiency and economic growth in Latin America]

Author

Listed:
  • Blanca Lilia Avendaño Vargas

    (Escuela Superior de Economía del IPN.)

  • Ignacio Perrotini Hernández

    (Facultad de Economía de la UNAM.)

Abstract

En este artículo analizamos teórica y empíricamente la relación entre la insuficiencia dinámica (ID) (Prebisch, 1970; Avendaño & Perrotini, 2015) y la tasa de crecimiento consistente con el equilibrio de la balanza de pagos (gbp) (Thirlwall, 1979) para un conjunto de economías de América Latina durante el periodo 1977-2011. Nuestra hipótesis consiste en que la ID exacerba la restricción externa al crecimiento debido a la brecha entre la tasa natural de acumulación de capital y la tasa de crecimiento garantizada (kn>gw) ya que existe una relación de causalidad de kn ag. Esto significa que está determinada por condiciones de demanda y de oferta.

Suggested Citation

  • Blanca Lilia Avendaño Vargas & Ignacio Perrotini Hernández, 2017. "Acumulación de capital, insuficiencia dinámica y crecimiento económico en América Latina [Capital accumulation, dynamic insufficiency and economic growth in Latin America]," Papeles de Europa, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Estudios Internacionales (ICEI), vol. 30(2), pages 105-124.
    • Handle: RePEc:ucm:padeur:v:30:y:2017:i:2:p:105-124
    DOI: 10.5209/PADE.58670
    as

    Download full text from publisher

    File URL: https://eprints.ucm.es/id/eprint/46670/1/2017-30-2%28105-124%29.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.5209/PADE.58670?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    América Latina; Acumulación de capital; Balanza de pagos; Crecimiento endógeno.;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucm:padeur:v:30:y:2017:i:2:p:105-124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Águeda González Abad (email available below). General contact details of provider: https://edirc.repec.org/data/feucmes.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.