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Fundamentos hipotéticos para investigar la crisis económica contemporánea
[Hypothetical foundations to investigate the contemporary economic crisis]

Author

Listed:
  • Sergio, Reuben

Abstract

The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working hypothesis to focus the breaking of the capital accumulation process expressed in the current economic crisis, from a holistic perspective.

Suggested Citation

  • Sergio, Reuben, 2012. "Fundamentos hipotéticos para investigar la crisis económica contemporánea [Hypothetical foundations to investigate the contemporary economic crisis]," MPRA Paper 43067, University Library of Munich, Germany, revised 14 Nov 2012.
    • Handle: RePEc:pra:mprapa:43067
    as

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    File URL: https://mpra.ub.uni-muenchen.de/43067/1/MPRA_paper_43067.pdf
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    References listed on IDEAS

    as
    1. Paulo Barelli & Samuel De Abreu Pessôa, 2012. "Rent‐Seeking And Capital Accumulation," Economic Inquiry, Western Economic Association International, vol. 50(2), pages 399-417, April.
    2. Reuben Soto, Sergio, 2008. "La crisis económica actual: una visión desde la economía política," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 26(2), July.
    3. Coase, R. H., 1990. "The Firm, the Market, and the Law," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226111018, January.
    4. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    5. Cowling, Keith & Sugden, Roger, 1998. "The Essence of the Modern Corporation: Markets, Strategic Decision-Making and the Theory of the Firm," The Manchester School of Economic & Social Studies, University of Manchester, vol. 66(1), pages 59-86, January.
    6. Joe S. Bain, 1941. "The Profit Rate as a Measure of Monopoly Power," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 55(2), pages 271-293.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Income distribution; capital accumulation; centralization of capital; dominant enterprises; efficient and effective use of resources. Overproduction crisis; Crisis by disproportional growth;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • D2 - Microeconomics - - Production and Organizations
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • D3 - Microeconomics - - Distribution
    • D6 - Microeconomics - - Welfare Economics
    • P1 - Political Economy and Comparative Economic Systems - - Capitalist Economies
    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • P0 - Political Economy and Comparative Economic Systems - - General
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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