Abstract

LOPEZ, Emiliano  and  BARRERA INSUA, Facundo. Valorización dependiente y estancamiento en la Argentina a comienzos de siglo XXI. Sociohistórica [online]. 2020, n.46, pp.108-108. ISSN 1852-1606.  http://dx.doi.org/https://doi.org/10.24215/18521606e108.

Based on the reinterpretation of the National Accounts in terms of Marxian categories, this text aims to provide an interpretative key to think about the stagnation of the Argentine economy in relation to the dependent dynamics of capital valorization. For this, with information published in the Input-Output Matrices (MIP-INDEC, 1997 and 2004) and the construction of time series (1997-2015), we studied the development of the economy around the three moments of the capital cycle (initial circulation-production-final circulation). Finally, the empirical analysis concludes that, from the need for foreign capital and machinery imported at the beginning of the cycle, to the production destined to the foreign market (as the main component of the demand), the Argentine economy has a dependency pattern that caused the stagnation of the product since 2008 and, especially, between the years 2012-2015.

Keywords : Capital cycle; Structural dependency; Stagnation; Argentina.

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