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La productividad de la inversión determina el crecimiento económico entre países

Author

Listed:
  • José Reyes Bernal-Bellón

    (Universidad Antonio Nariño)

  • Eduardo Aponte Rincón

    (Universidad Antonio Nariño)

Abstract

Resumen: El propósito de este trabajo es mostrar que la relación marginal capital producto de la ecuación de Harrod está explicado por la tasa de crecimiento de la demanda agregada y que, a su vez, esta relación define la tasa de crecimiento de las economías. Para demostrar estas hipótesis se usó la base de datos de la Penn World Table PWT100 y se seleccionaron 118 países que contaban con la información completa desde 2000 hasta 2019. El método de estimación se realizó a través de data panel con efectos fijos. La conclusión a la que se llega es que la elasticidad de la relación marginal capital producto al crecimiento de la demanda es unitaria al igual que la elasticidad del crecimiento económico a la eficiencia de la inversión.

Suggested Citation

  • José Reyes Bernal-Bellón & Eduardo Aponte Rincón, 2025. "La productividad de la inversión determina el crecimiento económico entre países," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 103, pages 129-146, January.
    • Handle: RePEc:lde:journl:y:2025:i:103:p:129-146
    DOI: 10.17533/udea.le.n103a358502
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    References listed on IDEAS

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    1. Nicholas Kaldor, 1961. "Capital Accumulation and Economic Growth," International Economic Association Series, in: D. C. Hague (ed.), The Theory of Capital, chapter 0, pages 177-222, Palgrave Macmillan.
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    Keywords

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    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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