IDEAS home Printed from
   My bibliography  Save this article

Roundaboutness is Not a Mysterious Concept: A Financial Application to Capital Theory


  • N. Cachanosky
  • P. Lewin


We apply the EVA terminology to the concepts of roundaboutness and average period of production in capital theory. By doing this we show that these terms have a clear and well understood financial interpretation. A financial application to capital theory helps to clarify obscure and controversial economic terms.

Suggested Citation

  • N. Cachanosky & P. Lewin, 2014. "Roundaboutness is Not a Mysterious Concept: A Financial Application to Capital Theory," Review of Political Economy, Taylor & Francis Journals, vol. 26(4), pages 648-665, October.
  • Handle: RePEc:taf:revpoe:v:26:y:2014:i:4:p:648-665
    DOI: 10.1080/09538259.2014.957475

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:eme:aaeczz:s1529-213420160000020005 is not listed on IDEAS
    2. repec:eme:aaeczz:s1529-213420160000020003 is not listed on IDEAS
    3. Santiago J. Gangotena, 2017. "Dynamic coordinating non-equilibrium," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(1), pages 51-82, March.
    4. repec:taf:revpoe:v:28:y:2016:i:2:p:251-269 is not listed on IDEAS
    5. repec:kap:revaec:v:30:y:2017:i:2:d:10.1007_s11138-016-0340-5 is not listed on IDEAS
    6. Cachanosky, Nicolás & Lewin, Peter, 2016. "An empirical application of the EVA® framework to business cycles," Review of Financial Economics, Elsevier, vol. 30(C), pages 60-67.
    7. repec:kap:revaec:v:31:y:2018:i:1:d:10.1007_s11138-016-0374-8 is not listed on IDEAS
    8. repec:eme:aaeczz:s1529-213420160000020002 is not listed on IDEAS
    9. repec:jpe:journl:1477 is not listed on IDEAS
    10. Adrián O. Ravier & Nicolás Cachanosky, 2015. "Fiscal Policy in Capital-Based Macroeconomics with Idle Resources," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 30(Winter 20), pages 81-95.
    11. Nicolás Cachanosky, 2015. "U.S. Monetary Policy’s impact on Latin America’s structure of production (1960-2010)," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 52(1), pages 95-116, May.
    12. Fratini, Saverio M., 2018. "A note on re-switching and the neo-Austrian concept of the average period of production," MPRA Paper 87306, University Library of Munich, Germany.
    13. repec:jpe:journl:1475 is not listed on IDEAS

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:revpoe:v:26:y:2014:i:4:p:648-665. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.