Kaldor Endogenous Economic Development Laws: The Colombian Case

Revista de Economía Institucional, Vol. 10, No. 18, First Semester, 2008

19 Pages Posted: 25 Jul 2008

Date Written: July, 24 2008

Abstract

This article exposes the conceptual and theoretical foundations of Kaldor's laws. The results of empirical exercises suggest that in the Colombian industry there are no increasing returns to scale when departmental information is used, at least for the period 1981-2004.

Keywords: Kaldor's laws, causation to circulate accumulative, increasing dynamics returns, economies of scale, Colombia

JEL Classification: D20, O11

Suggested Citation

Moreno Rivas, Álvaro Martín, Kaldor Endogenous Economic Development Laws: The Colombian Case (July, 24 2008). Revista de Economía Institucional, Vol. 10, No. 18, First Semester, 2008, Available at SSRN: https://ssrn.com/abstract=1174602

Álvaro Martín Moreno Rivas (Contact Author)

National University of Colombia ( email )

Carrera 30 45-03
Bogota, None
Colombia

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