New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001
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Summary:
The issue of whether government capital is productive has received a great deal of recent attention. Yet empirical analyses of public capital productivity have generally been limited to the official capital stock estimates available in a small sample of countries. Alternatively, many researchers have investigated the output effects of public investment-recognizing that investment may be a poor proxy for the corresponding capital stock. This paper attempts to overcome the data shortage by providing internationally comparable capital stock estimates for 22 Organization for Economic Cooperation and Development (OECD) countries.
Series:
Working Paper No. 2004/067
Subject:
Depreciation Expenditure Financial institutions Gross fixed investment National accounts Public investment and public-private partnerships (PPP) Public investment spending Stocks
English
Publication Date:
April 1, 2004
ISBN/ISSN:
9781451848939/1018-5941
Stock No:
WPIEA0672004
Pages:
39
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