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La función de producción de Cobb-Douglas y la economía española

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  • José Francisco Bellod Redondo

    ()
    (Universidad Politécnica de Cartagena)

Abstract

En este trabajo analizamos el uso creciente del concepto función de producción Cobb - Douglas, basado en la obra de Solow, en trabajos aplicados a la economía española, relacionados con la determinación de la posición cíclica y la contribución de los factores productivos al crecimiento. A tal efecto realizamos una serie de contrastes econométricos para el periodo 1960 – 2010 que demuestran claramente que la función Cobb – Douglas no refleja la conexión entre producción y factores productivos (no existe tal función de producción agregada para ese periodo), y que su uso combinado con la Nairu distorsiona el análisis de la actividad económica española y, en particular, de la posición cíclica de la economía.

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Bibliographic Info

Article provided by Asociación de Economía Crítica in its journal Revista de Economía Crítica.

Volume (Year): 12 (2011)
Issue (Month): ()
Pages: 9-38

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Handle: RePEc:ret:ecocri:rec12_02

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Keywords: Cobb-Douglas production function; Nairu; Spanish economy;

References

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  1. Marta Manrique & José Manuel Marqués, 2004. "An empirical approximation of the natural rate of interest and potential growth," Banco de Espa�a Working Papers 0416, Banco de Espa�a.
  2. N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
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  8. Bellod Redondo, José Francisco, 1999. "Prueba de causalidad y determinación de la NAIRU," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(264), pages 663-692, octubre-d.
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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. LOS PARADOS EN ESPAÑA: CADA VEZ MENOS PROTEGIDOS SOCIALMENTE.
    by José Francisco Bellod Redondo in jfbellod on 2013-11-11 19:36:00
  2. Sube el IBEX - 35, ¿Brotes Verdes?
    by José Francisco Bellod Redondo in jfbellod on 2013-11-17 08:07:00
  3. ASALTO AL PODER ADQUISITIVO DE LAS PENSIONES
    by José Francisco Bellod Redondo in jfbellod on 2013-11-23 12:18:00
  4. SOSTENIBILIDAD DEL ENDEUDAMIENTO AUTONÓMICO
    by José Francisco Bellod Redondo in jfbellod on 2013-12-05 10:29:00
  5. Desempleo: España necesita un Plan de Emergencia
    by José Francisco Bellod Redondo in jfbellod on 2013-12-06 09:42:00
  6. EL DATO: 3.443.365 VIVIENDAS VACÍAS EN ESPAÑA
    by José Francisco Bellod Redondo in jfbellod on 2013-12-14 15:42:00
  7. CONTRA EL EURO
    by José Francisco Bellod Redondo in jfbellod on 2013-12-23 11:22:00
  8. BENJAMÍN FRANKLIN y la Defensa de "Lo Público"
    by José Francisco Bellod Redondo in jfbellod on 2014-01-25 09:16:00
  9. La Política Fiscal y la Inflación en Venezuela
    by José Francisco Bellod Redondo in jfbellod on 2014-01-27 11:03:00
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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Cited by:
  1. José Francisco Bellod Redondo, 2012. "Sustitución De Importaciones Agropecuarias: Un Ejercicio Simple De Modelización," Contribuciones a la Economía, Grupo Eumed.net (Universidad de Málaga), issue 2012-08, August.

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  1. Función de producción de Cobb-Douglas in Wikipedia Spanish ne '')

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