Financial resource contribution to production growth and return on producer’s capital

Keywords: cost of production, loan, deft, resource, profit, interest

Abstract

Financial resource contribution to production growth is a taboo issue in economic theory, especially if its source is the financial capital, which is part of the dynamic of any vigorous economy. Financial capital is a pivotal instrument of production growth due to the fact that its participation contributes to the process of transforming and transferring values from inputs to outputs. By doing so, financial capital encourages producers to generate not only outputs but also profit. Producers must transmute financial capital into financial resources in order to obtain output and profit. Therefore, the rate of interest becomes the way in which financial capital and producers get into the production process. This is to what this theoretical research is concerning.

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Author Biography

Daniel Villalobos Céspedes, Universidad de Costa Rica (UCR) y Universidad Nacional (UNA)

Economista, politólogo, Catedrático en Universidad de Costa Rica (UCR) y Universidad Nacional (UNA), Costa Rica.

References

Fisher, I. (1930). The Theory of Interest. Retrieved from http://files.libertyfund.org/files/1416/Fisher_0219.pdf

Jehle, A., & Reny, J. (2011). Advanced Microeconomics Theory. Retrieved from https://www.amazon.com/Advanced-Microeconomic-Theory-Geoffrey-Jehle/dp/0273731912

Keynes, J. (1936). The General Theory of Employment, Interest, and Money. Retrieved from https://cas2.umkc.edu/economics/people/facultypages/kregel/courses/econ645/winter2011/generaltheory.pdf

Robinson, J. (1953-1954). The Production Function and the Theory of Capital. Review of Economics Studies, 21(2), 81-106. Retrieved from https://pdfs.semanticscholar.org/c70f/61352de7ee1641f0bc456639108c85029013.pdf

Villalobos, D. (2015). Production Cost, Prices and Income of Firms. Economía y Sociedad, 20(48), 1-17. doi: http://dx.doi.org/10.15359/eys.20-48.1

Published
2018-01-01
How to Cite
Villalobos Céspedes, D. (2018). Financial resource contribution to production growth and return on producer’s capital. Economía Y Sociedad, 23(53), 1-18. https://doi.org/10.15359/eys.23-53.1
Section
Articles (Arbitrated section)

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