Working Paper: Redefining the Economical Power of Nations

Christian Kiss

MPRA Paper from University Library of Munich, Germany

Abstract: The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a Social factors relativized GDP. Social factors relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 – GINI – Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K_Index_Infl. / Labor Force = K_PROD_Infl. Debt-to-K_Index: National debt / K_Index = K_Debt Debt-to-K_Index_Infl: National debt / K_Index_Infl. = K_Debt_Infl.

Keywords: Economics; Macro; Gini; Inflation; GDP; inequality; econometric; productivity; debt; debt-to-gdp (search for similar items in EconPapers)
JEL-codes: A10 A13 C10 C12 C60 E10 F02 O47 (search for similar items in EconPapers)
Date: 2013-08-11
New Economics Papers: this item is included in nep-hme and nep-hpe
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https://mpra.ub.uni-muenchen.de/49451/8/MPRA_paper_49451.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:49022

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