Rentabilidad del capital en el centro y la periferia de la Eurozona. Un análisis comparativo

  1. Juan Pablo Mateo Tomé 1
  2. Fahd Boundi Chraki 2
  1. 1 Universidad Complutense de Madrid
    info

    Universidad Complutense de Madrid

    Madrid, España

    ROR 02p0gd045

  2. 2 Universidad Nacional Autónoma de México, UNAM
Journal:
Revista de economía mundial

ISSN: 1576-0162

Year of publication: 2021

Issue: 58

Pages: 115-140

Type: Article

DIALNET GOOGLE SCHOLAR lock_openArias Montano editor

More publications in: Revista de economía mundial

Abstract

This research addresses a topic barely studied in the literature of the Eurozone, namely a comparative study of the profitability of capital in a representative sample of the most advanced economies and the periphery. Based on a political economy approach, calculations of the profit rate and the volume of surplus are shown, as well as the (labor) productivity of surplus, employment, and the process of capital accumulation. The study reveals an asymmetry between the center and the periphery in terms of profitability, and a related underlying problem. Moreover, it identifies a profound change since the Great Recession, though so far this does not materialize in any trends towards a productive convergence between core and peripheral economies.

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Data source: Dialnet