Serviços Personalizados
Journal
Artigo
Indicadores
- Citado por SciELO
- Acessos
Links relacionados
- Similares em SciELO
Compartilhar
Problemas del desarrollo
versão impressa ISSN 0301-7036
Resumo
MATEO, Juan Pablo. Distortions and Imbalances in Spain's Economic Accumulation Dynamics. Prob. Des [online]. 2017, vol.48, n.191, pp.55-82. ISSN 0301-7036.
This paper explores the sectoral distortions in Spain's capital accumulation dynamics between 1999 and 2014 from a political economy standpoint. Investment has been driven in large part by the revaluation of construction-related assets, which has profoundly reshaped the economic structure. As such, it is necessary to conduct a study disaggregated by asset and sector. The crux of the matter is capital composition: the most dynamic sectors display a relatively low technical capital composition, giving rise to an absolute reduction in labor productivity, as well as a price effect that has completely distorted reproduction overtime in the Spanish economy.
Palavras-chave : Capital accumulation; economic growth; productivity; investment; political economy.