The Accumulation of Capital and Economic Growth in Brazil: A Long-Term Perspective (1950-2008)

被引:4
|
作者
Mateo, Juan Pablo [1 ,2 ]
机构
[1] New Sch, 66 West 12th St, New York, NY 10011 USA
[2] Univ Valladolid, Econ, Segovia, Spain
关键词
growth; capital; profitability; productivity; PROFIT;
D O I
10.1177/0486613417696530
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article analyzes the economic growth in Brazil in 1950-2008. It shows that a fall in both the profit rate and the output/capital ratio is behind the debt crisis and the subsequent neoliberal restructuring since the late 1980s. Therefore, there has not been any disconnection between profitability and investment, so the capacity to generate surplus underlies the particularities of the capital accumulation during both the import substitution and the neoliberal phases.
引用
收藏
页码:370 / 391
页数:22
相关论文
共 50 条
  • [1] CAPITAL FORMATION AND CAPITAL STOCK IN INDONESIA, 1950-2008
    van der Eng, Pierre
    [J]. BULLETIN OF INDONESIAN ECONOMIC STUDIES, 2009, 45 (03) : 345 - 371
  • [2] Economic growth and regional disparities: A long-term perspective for the state of Sergipe, Brazil
    Ribeiro, Luiz Carlos de Santana
    Vieira, Olga Hianni Portugal
    de Souza, Kenia Barreiro
    de Santana, Jose Ricardo
    [J]. REGIONAL SCIENCE POLICY AND PRACTICE, 2024, 16 (10):
  • [3] Human Capital, Useful Knowledge, and Long-Term Economic Growth
    Mokyr, Joel
    [J]. ECONOMIA POLITICA, 2013, 30 (03) : 251 - 271
  • [4] The Dynamics of Latin American Agricultural Production Growth, 1950-2008
    Martin-Retortillo, Miguel
    Pinilla, Vicente
    Velazco, Jackeline
    Willebald, Henry
    [J]. JOURNAL OF LATIN AMERICAN STUDIES, 2019, 51 (03) : 573 - 605
  • [5] Long-term hydrological changes of the Seine River flow (France) and their relation to the North Atlantic Oscillation over the period 1950-2008
    Massei, Nicolas
    Laignel, Benoit
    Deloffre, Julien
    Mesquita, Johanna
    Motelay, Anne
    Lafite, Robert
    Durand, Alain
    [J]. INTERNATIONAL JOURNAL OF CLIMATOLOGY, 2010, 30 (14) : 2146 - 2154
  • [6] Long-term economic growth stimulus of human capital preservation in the elderly
    Manton, Kenneth G.
    Gu, Xi-Liang
    Ullian, Arthur
    Tolley, H. Dennis
    Headen, Alvin E., Jr.
    Lowrimore, Gene
    [J]. PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA, 2009, 106 (50) : 21080 - 21085
  • [7] POTENTIAL PRODUCT, SOURCES OF GROWTH AND PRODUCTIVITY IN THE PERUVIAN ECONOMY (1950-2008)
    Jimenez, Felix
    [J]. TRIMESTRE ECONOMICO, 2011, 78 (312): : 913 - 940
  • [8] Human capital accumulation and long-term income growth projections for European regions
    Cuaresma, Jesus Crespo
    Doppelhofer, Gernot
    Huber, Florian
    Piribauer, Philipp
    [J]. JOURNAL OF REGIONAL SCIENCE, 2018, 58 (01) : 81 - 99
  • [9] The sources of long-term economic growth in Indonesia, 1880-2008
    van der Eng, Pierre
    [J]. EXPLORATIONS IN ECONOMIC HISTORY, 2010, 47 (03) : 294 - 309
  • [10] The Needham's Puzzle based on Explanation of the Imperial Examinations System, Human Capital Accumulation and Long-term Economic Growth
    Chen Hanyi
    [J]. PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON ELECTRONICS, MECHANICS, CULTURE AND MEDICINE, 2016, 45 : 786 - 793