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

Christophe Kamps ()

No 2004/067, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; General government; net capital; OECD country; Capital stock; public capital; perpetual inventory method; OECD countries; capital stock estimate; government capital; production function; government activity; growth rate; government capital stock; capital stock data; government assets; estimation result; government net capital stock; capital stock series; Stocks; Gross fixed investment; Depreciation; Public investment spending; Public investment and public-private partnerships (PPP) (search for similar items in EconPapers)
Pages: 39
Date: 2004-04-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (66)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=17318 (application/pdf)

Related works:
Journal Article: New Estimates of Government Net Capital Stocks for 22 OECD Countries, 1960-2001 (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2004/067

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().