Crecimiento económico: convergencia y divergencia

Abstract

Piketty’s fundamental laws of capitalism in his book “Capital in the Twenty-First Century” (2014) are analyzed to explore the explanatory power of the inequality between average annual rate of return on capital and the rate of growth of production, as a fundamental force for Doi: https://doi.org/10.15359/eys.24-55.3 Fecha de recepción: 06-09-2018. Fechas de reenvíos: 10-09-2018, 18-12-2018, 13-01-2019, 05-12-2019. Aceptado el 12-03-2019. Publicado el 13-03-2019. 1 Economista, politólogo, catedrático en Universidad de Costa Rica (UCR) y Universidad Nacional (UNA), Costa Rica. Correo electrónico: [email protected] ORCID https://orcid.org/0000-0002-9023-2096 Economía y Sociedad Vol. 24, No 55, enero-junio 2019, pp. 25-52 EISSN: 2215-3403 URL http://www.revistas.una.ac.cr/economia 26 Daniel Villalobos Céspedes Revista Economía y Sociedad by Universidad Nacional is licensed under a CreativeCommons Reconocimiento-NoComercialCompartirIgual 4.0 Internacional License. Creado a partir de la obra en http://www.revistas.una.ac.cr/index.php/economia Economía SOCIEDAD & divergence. The author’s r > g crucial assumption and his conclusions are questioned. The convergence-divergence phenomenon is rather believed to be an innate phenomenon of the production and distribution processes. This analysis suggests that the core of inequality may not reside in the elasticity-of-resource-composition, influenced by technological advance. Furthermore, this research will try to contribute to a better understanding of the forces influenced by economic growth and income distribution, which could provide a major contribution to the economic sciences.