Economic Size and Debt Sustainability against Piketty's Capital Inequality

Abstract : 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.
Type de document :
Article dans une revue
Liste complète des métadonnées

Littérature citée [19 références]  Voir  Masquer  Télécharger

https://hal.archives-ouvertes.fr/hal-01009465
Contributeur : Hyejin Cho <>
Soumis le : mercredi 24 mai 2017 - 11:08:11
Dernière modification le : jeudi 8 novembre 2018 - 16:02:02
Document(s) archivé(s) le : lundi 28 août 2017 - 00:45:53

Fichier

journal 2 - economic size and ...
Fichiers éditeurs autorisés sur une archive ouverte

Identifiants

  • HAL Id : hal-01009465, version 2

Collections

Citation

Hyejin Cho. Economic Size and Debt Sustainability against Piketty's Capital Inequality. ACRN Journal of Finance and Risk Perspectives, ACRN Oxford Publishing House, 2015, 4 (2), pp.21-42. ⟨http://www.acrn-journals.eu/resources/jofrp0402b.pdf⟩. ⟨hal-01009465v2⟩

Partager

Métriques

Consultations de la notice

159

Téléchargements de fichiers

123