SciELO - Scientific Electronic Library Online

 
vol.24 issue55Impact of credit on micro-enterprise profit in Costa RicaStructural transformation and sectoral productivity in Costa Rica author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand

Journal

Article

Indicators

Related links

  • Have no similar articlesSimilars in SciELO

Share


Economía y Sociedad

On-line version ISSN 2215-3403Print version ISSN 1409-1070

Economía y Sociedad vol.24 n.55 Heredia Jan./Jun. 2019

http://dx.doi.org/10.15359/eys.24-55.3 

Artículo

Crecimiento económico: convergencia y divergencia

Economic growth: convergence and divergence

Crescimento econômico: convergência e divergência

Daniel Villalobos Céspedes1 
http://orcid.org/0000-0002-9023-2096

1Economista, politólogo, catedrático en Universidad de Costa Rica (UCR) y Universidad Nacional (UNA), Costa Rica. Correo electrónico: daniel.villalobos.cespedes@una.ac.cr ORCID https://orcid.org/0000-0002-9023-2096

Resumen

Esta investigación examina las Leyes fundamentales del capitalismo según Piketty en “Capital in the Twenty-First Century” (2014) para develar el poder explicativo de la desigualdad entre la tasa media anual de retorno del capital y la tasa de crecimiento de la producción, como fuerza fundamental para la divergencia. Se cuestiona el supuesto crítico del autor tal que r > g y se duda de sus conclusiones, para afirmar que la convergencia-divergencia es un fenómeno innato de los procesos de producción y distribución. El análisis sugiere que el núcleo de la inequidad podría no residir en la elasticidad-de-composición de los recursos, con influjo del avance tecnológico. Además, pretende esta investigación contribuir a una mejor comprensión de las fuerzas con influjo en el crecimiento económico y en la distribución del ingreso, lo cual podría brindar un importante aporte a la ciencia económica.

Palabras clave: Piketty; leyes del capitalismo; retorno; salario

Abstract

Piketty’s fundamental laws of capitalism in his book “Capital in the Twenty- First Century” (2014) are analyzed to explore the explanatory power of the inequality between average annual rate of return on capital and the rate of growth of production, as a fundamental force for divergence. The author’s r > g crucial assumption and his conclusions are questioned. The convergence-divergence phenomenon is rather believed to be an innate phenomenon of the production and distribution processes. This analysis suggests that the core of inequality may not reside in the elasticity-ofresource- composition, influenced by technological advance. Furthermore, this research will try to contribute to a better understanding of the forces influenced by economic growth and income distribution, which could provide a major contribution to the economic sciences.

Keywords: Piketty; laws of capitalism; return; wage

Resumo

Esta pesquisa examina as Leis Fundamentais do capitalismo segundo Piketty em “Capital in the Twenty-First Century” (2014) para revelar o poder explicativo da desigualdade entre a taxa média anual de retorno do capital e a taxa de crescimento da produção, como força fundamental para a divergência. O suposto crítico do autor é questionado de tal forma que r > g e suas conclusões são duvidadas, para afirmar que a convergênciadivergência é um fenômeno inato dos processos de produção e distribuição. A análise sugere que o núcleo da desigualdade poderia não residir na elasticidade da composição dos recursos, influenciada pelo progresso tecnológico. Além disso, esta pesquisa visa contribuir para uma melhor compreensão das forças que influenciam o crescimento econômico e a distribuição de renda, o que poderia fornecer uma contribuição importante para a ciência econômica.

Palavras-chave: Piketty; leis do capitalismo; retorno; salario

Ver contenido completo en PDF

Referencias

Arrow, J. K., Chenery, B. H., Minhas, S. B., & Solow, M. R. (1961). Capital-Labor Substitution and Economic Efficiency. The Review of Economics and Statistics, 3(43), 225-250. doi: https://doi.org/10.2307/1927286 [ Links ]

Cobb, W. C., & Douglas, H. P. (1928). A Theory of Production. The American Economic Review, 18(1), 139-165. Recuperado de https://www.jstor.org/stable/1811556?origin=JSTOR-pdf&seq=1#page_scan_tab_contentsLinks ]

Domar, E. D. (1946). Capital Expansion, Rate of Growth, and Employment. Econometrica, 2(14), 137-147. doi: https://doi.org/10.2307/1905364 [ Links ]

Domar, E. D. (1953). Depreciation, Replacement and Growth. The Economic Journal, 249 (63), 1-32. doi: https://doi.org/10.2307/2226748 [ Links ]

Galbraith, J. K. (2014). Kapital for the Twenty-First Century? En Dissent Magazine. Recuperado de https://www.dissentmagazine.org/article/kapital-for-the-twenty-first-centuryLinks ]

Goldhammerr, A. (2017). The Piketty Fenomenon. En J. B. Heather Boushey, After Piketty, The Agenda for Economics and Inequality (First ed., 36-59). London, England: Harvard University Press. doi: https://doi.org/10.4159/9780674978195-002 [ Links ]

Harrod, R. F. (1939). An Essay in Dynamic Theory. The Economic Journal, 193(49), 14-33. doi: https://doi.org/10.2307/2225181 [ Links ]

Harrod, R. F. (1960). Second Essay in Dynamic Theory. The Economic Journal, 278 (70), 277-293. doi: https://doi.org/10.2307/2228728 [ Links ]

Krugman, P. (2014). Why we’re in a New Gilded Age. En The New York Review of Books. Recuperado de https://www.nybooks.com/articles/2014/05/08/thomas-piketty-new-gilded-age/Links ]

Krugman, P. (2 de agosto 2015). The Economics of Inequality by Thomas Piketty. The New York Times. Recuperado de https://www.nytimes.com/2015/08/03/books/review-the-economics-of-inequality-by-thomas-piketty.htmlLinks ]

Mankiw, N. G. (2015). Yes, r > g. So What? American Economic Review, 5(105), 43-47. doi: https://doi.org/10.1257/aer.p20151059 [ Links ]

Marx, K. (1984). El Capital. La tasa de plusvalor (Tomo I, Volumen I): El proceso de producción del capital (14o ed., 255-269). México: Siglo XXI. [ Links ]

Marx, K. (1986). El Capital. Formación de una tasa general de ganancia (Tasa media de ganancia) y transformación de los valores mercantiles en precios de producción). En Tomo III, Vol. VI: El Proceso global de la producción capitalista (8 va ed., 195-217). México: Siglo XXI . [ Links ]

Naidu, S. (2017). A Political Economy take on W/Y. En H. Boushey, J. B. DeLong, & M. Steinbaum, After Pikety. The Agenda for Economics and Inequality (First ed., 120-154. London, England: Harvard University Press . doi: https://doi.org/10.4159/9780674978195-006Links ]

Piketty, T. (2014). Capital in the Twenty-First Century (First ed., 1-685). London: The Belknap Press of Harvard University Press. Doi: https://doi.org/10.4159/9780674369542 [ Links ]

Piketty, T. (2017). Toward a Reconciliation between Economics and the Social Sciencies. En H. Boushey, J. B. DeLong, & M. Steinbaum, After Piketty. The Agenda for Economics and Inequality (First ed., 628-860). London, England: Harvard University Press . doi: https://doi.org/10.4159/9780674978195-023 [ Links ]

Raval, D. (2017). What’s Wrong withCapital in the Twenty-First Century ’s Model? En H. Boushey, J. B. DeLong, & M. Steinbaum, After Piketty. The Agenda for Economics and Inequality (First ed., 86-119). London, England: Harvard University Press . doi: https://doi.org/10.4159/9780674978195-005 [ Links ]

Schuessler, J. (2014). Economist Receives Rock Star Treatment. En The New York Times. Recuperado de https://www.nytimes.com/2014/04/19/books/thomas-piketty-tours-us-for-hisnew- book.html?_r=0&module=inline. [ Links ]

Solow, M. R. (1956). A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, 1(70), 65-94. doi: https://doi.org/10.2307/1884513 [ Links ]

Solow, M. R. (1957). Technical Change and the Aggregate Production Function. The Review of Economics and Statistics, 3(39), 312-320. doi: https://doi.org/10.2307/1926047 [ Links ]

Solow, M. R. (22 de abril 2014). Thomas Piketty is Right. The New Republic. Recuperado de https://newrepublic.com/article/117429/capital-twenty-first-century-thomas-piketty-reviewedLinks ]

Stiglitz, J. E. (2015). New Theoretical Perspective on the Distribution of Income and Wealth Among Individuals: Part I. The Wealth Residual. En NBER Working Paper 21189, National Bureau of Economic Research. Recuperado de http://www.nber.org/papers/w21189Links ]

Swan, T. (1956). Economic Growth and Capital Accumulation. Economic Record, 2(32), 334-361. Doi: https://doi.org/10.1111/j.1475-4932.1956.tb00434.x [ Links ]

Villalobos, D. (2010). Capital, competencia y ganancia (1era ed.). Heredia: EUNA. Recuperado de https://www.euna.una.ac.cr/index.php/EUNA/catalog/book/110Links ]

Recibido: 06 de Septiembre de 2018; Aprobado: 12 de Marzo de 2019

Creative Commons License Este es un artículo publicado en acceso abierto bajo una licencia Creative Commons