The Capital Valorization in ALUAR (2000-2017)

This paper analyzes the capital valorization in aluar, the main aluminum producer in Argentina, during the period 2000-2017. To this end, we used aluar annual reports, constructing data series related to some fundamental economic variables, such as labor productivity, stock of fixed capital, total c...

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Autor principal: Maito, Esteban Ezequiel
Formato: Artículo publishedVersion
Lenguaje:Español
Publicado: Centro de Estudios de Historia Económica Argentina y Latinoamericana (CEHEAL) 2019
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Acceso en línea:https://ojs.economicas.uba.ar/H-ind/article/view/1555
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=hindus&d=1555_oai
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Sumario:This paper analyzes the capital valorization in aluar, the main aluminum producer in Argentina, during the period 2000-2017. To this end, we used aluar annual reports, constructing data series related to some fundamental economic variables, such as labor productivity, stock of fixed capital, total capital advanced, the rate of profit, distribution and costs of production. Levels of production and capital valorization showed an important growth during the first decade of the century, after the crisis of 2001/2002, but manifesting a gradual stagnation during the last five-year period, in line also with the fall of the aluminum international price. A comparison with capitals of the global highest production level suggests that although aluar has a significant productivity and capitalization per worker, its absolute magnitude is far from the scale reached by the world's most concentrated capitals in this branch.