New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001

Author/Editor:

Christophe Kamps

Publication Date:

April 1, 2004

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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:

English

Publication Date:

April 1, 2004

ISBN/ISSN:

9781451848939/1018-5941

Stock No:

WPIEA0672004

Pages:

39

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