Economic Size and Debt Sustainability against Piketty's "Capital Inequality" - Université Paris 1 Panthéon-Sorbonne Accéder directement au contenu
Article Dans Une Revue ACRN Journal of Finance and Risk Perspectives Année : 2015

Economic Size and Debt Sustainability against Piketty's "Capital Inequality"

Hyejin Cho
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Résumé

This article presents a methodology designed to facilitate alternative variables measuring economic growth. A capital-labor split of Cobb-Douglas function is adapted for use in the context of economic growth. A capital/income ratio and two fundamental law of capitalism originated by Thomas Piketty illustrate capital inequality undervalued than labor inequality. In addition, the article includes export and external debt as strong alternatives. Empirical data of the World Bank are analyzed to demonstrate broad differences in economic sizes. The case analysis on Latin America as an example of different sized economy is also discussed.
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Dates et versions

hal-01068227 , version 1 (25-09-2014)
hal-01068227 , version 2 (24-03-2015)

Identifiants

  • HAL Id : hal-01068227 , version 2

Citer

Hyejin Cho. Economic Size and Debt Sustainability against Piketty's "Capital Inequality". ACRN Journal of Finance and Risk Perspectives, 2015, Issue: II/2015 - Current Regular Issue, Vol. 4, Issue 2 (ISSN 2305-7394), pp.21-42. ⟨hal-01068227v2⟩
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