New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001
IMF Working Papers, April 1, 2004
Source details
- Canonical URL
- New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001
Other formats
Bibliographic details
- Authors: Christophe Kamps
- Published: April 1, 2004
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451848939.001
Overview
- Author: Christophe Kamps
- Publication date: April 1, 2004
- Series: Working Paper No. 2004/067
- Issue: 067
- Volume: 2004
- Pages: 39
- DOI: https://doi.org/10.5089/9781451848939.001
- Stock No: WPIEA0672004
- ISBN: 9781451848939
- ISSN: 1018-5941
Research purpose and scope
- The paper addresses whether government capital is productive and the limitations of existing empirical analyses due to scarce official capital stock estimates.
- It attempts to overcome the data shortage by providing internationally comparable capital stock estimates for 22 Organization for Economic Cooperation and Development (OECD) countries covering 1960-2001.
- The Working Paper is research in progress and "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."
Methodological focus
- Emphasizes the distinction between public investment flows and the corresponding capital stock, noting that investment may be a poor proxy for capital stock.
- Uses approaches aimed at generating internationally comparable capital stock estimates (per the summary emphasis on capital stock estimation).
Subjects and keywords (as listed)
- Subjects: Depreciation, Expenditure, Financial institutions, Gross fixed investment, National accounts, Public investment and public-private partnerships (PPP), Public investment spending, Stocks
- Keywords: Capital stock, capital stock data, capital stock estimate, capital stock series, Depreciation, estimation result, General government, government activity, government assets, government capital, government capital stock, government net capital stock, Gross fixed investment, growth rate, net capital, OECD countries, OECD country, perpetual inventory method, production function, public capital, Public investment and public-private partnerships (PPP), Public investment spending, Stocks, WP
Main contribution (concise)
- Provides a new set of internationally comparable estimates of government net capital stocks for 22 OECD countries for 1960-2001 to support empirical work on public capital productivity and to mitigate data limitations faced by prior studies.
IMF Working Paper No. 2004/067 — "New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001", Christophe Kamps, April 1, 2004. DOI: https://doi.org/10.5089/9781451848939.001
Content in this bundle
- _wp0467 - References