Contribuciones de la acumulación del capital al desempleo: Caso Ecuador, Brasil y Estados Unidos

Abstract

Abstract:Capital accumulation and unemployment are fundamental elements in the economy of a country. The link between these variables depends on economic stability and on endogenous and exogenous agents. Therefore, the present research work aims to determine the contribution of the accumulation of physical capital to unemployment in Ecuador, Brazil and the United States. For this, a review of the main economic theories and empirical studies that analyze the variables in their nature and their link. Later, the behavior of the historical series of unemployment and capital accumulation rates is analyzed; and, finally, an econometric model is carried out to determine the relationship and characteristics in general of the variables mentioned in Ecuador, Brazil and the United States. The research confirms the existence of an inverse relationship between capital accumulation and unemployment and, in addition, different characteristics (depending on the case) regarding the effect of the lags of each of these variables, with the unemployment rate.