Skip to main content
Article thumbnail
Location of Repository

Factor shares: the principal problem of political economy?

By Anthony B. Atkinson

Abstract

This paper identifies three reasons for studying factor shares: to make a link between incomes at the macroeconomic level (national accounts) and incomes at the level of the household; to help understand inequality in the personal distribution of income; and to address the concern of social justice with the fairness of different sources of income. In each case, I explore the implications and point to ways in which the analysis could be taken forward in a twenty-first-century treatment of the classical problem of political economy

Topics: HB Economic Theory
Publisher: Oxford University Press
Year: 2009
DOI identifier: 10.1093/oxrep
OAI identifier: oai:eprints.lse.ac.uk:33664
Provided by: LSE Research Online
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://oxrep.oxfordjournals.or... (external link)
  • http://eprints.lse.ac.uk/33664... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.