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La Inversión y el Crecimiento en la Economía Boliviana

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  • Jemio, Luis Carlos

    (IISEC, Universidad Católica Boliviana)

Abstract

Una característica fundamental del comportamiento histórico de la economía boliviana, ha sido sin lugar a dudas las bajas tasas de crecimiento del producto observadas a través de los años. Estas tasas también han mostrado una elevada volatilidad, generando ciclos de crecimiento y caída del producto, por lo que el nivel del PIB per cápita prácticamente ha permanecido estancado durante toda la segunda mitad del siglo XX y lo que va de la presente década. Los bajos niveles de ingreso resultantes de estas tendencias, no han permitido generar las condiciones para mejorar los niveles de vida de la población y en definitiva emprender una lucha efectiva contra la extrema pobreza. Una de las variables que explica este comportamiento es la baja tasa de inversión observada a través de los años, la cual en contadas ocasiones ha sobrepasado el 15% del PIB. A estas bajas tasas de inversión la productividad laboral ha permanecido estancada en niveles muy bajos, ya que la dotación de capital por trabajador se ha mantenido prácticamente constante a través del tiempo. El presente documento busca medir la relación existente entre la inversión, la dotación de capital por trabajador, y el nivel y ritmo de crecimiento del producto por trabajador, para de esta forma poder medir el potencial de crecimiento de la economía boliviana en el futuro. Con este propósito, se estima econométricamente una función de producción tipo Coob-Douglas (Y = A. KαL1-α) para la economía Boliviana, utilizando para ello series del PIB, empleo y stock de capital, construidas para el período 1970 a 2006. Estas estimaciones permiten derivar algunas conclusiones interesantes sobre las características y potencial de crecimiento de la economía boliviana. Instituto de Investigaciones Socio - Económicas; IISEC

Suggested Citation

  • Jemio, Luis Carlos, 2008. "La Inversión y el Crecimiento en la Economía Boliviana," Documentos de trabajo 1/2008, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
    • Handle: RePEc:ris:iisecd:2008_001
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    References listed on IDEAS

    as
    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Juan Antonio Morales & Jeffrey D. Sachs, 1989. "Bolivia's Economic Crisis," NBER Chapters, in: Developing Country Debt and the World Economy, pages 57-80, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Roger Alejandro Banegas-Rivero, 2016. "Business Cycle, Asymmetries and non-linearity in Bolivia, 1950-2015. Ciclos económicos, asimetrías y no-linealidades en Bolivia, 1950-2015," Working Papers, Documentos de trabajo, Centro de Desarrollo Economico y Social (CEDES). 201609, Instituto de Investigaciones Económicas y Sociales 'Jose Ortiz Mercado' (IIES-JOM), Facultad de Ciencias Economicas, Administrativas y Financieras, Universidad Autonoma Gabriel Rene Moreno.
    2. Timothy J. Kehoe & Carlos Gustavo Machicado & José Peres-Cajías, 2019. "The Monetary and Fiscal History of Bolivia, 1960-2017," Staff Report 579, Federal Reserve Bank of Minneapolis.
    3. Aguirre B., Carlos & Aliaga L., Javier & Herrera J., Alejandro, 2015. "Cerrando el Círculo: La Educación Superior, el Desarrollo de la Ciencia y Tecnología y el Sistema de Innovación en Bolivia," Documentos de trabajo 9/2015, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.

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    More about this item

    Keywords

    Crecimiento Económico; Bolivia; Instituto de Investigaciones Socio - Económicas; IISEC;
    All these keywords.

    JEL classification:

    • Z00 - Other Special Topics - - General - - - General

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