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Ver términos de la licencia Autor(es)
Mateo, Juan Pablo
Tipo
Artículo de Investigación
Área del conocimiento
Ciencias Sociales y Económicas
Título
Distortions and Imbalances in Spain"s Economic Accumulation Dynamics
Fecha
2022-10-04
Resumen
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 over time in the Spanish economy.
Tema
Capital accumulation; economic growth; productivity; investment; political economy; acumulación de capital; crecimiento económico; productividad; inversión; economía política
Idioma
spa
ISSN
ISSN impreso: 0301-7036; ISSN electrónico: 2007-8951