Abstract:
Suppose we have observations ranging over t = 0; 1;... T on real net investment, {In;t} , and on real gross investment, {Ig;t}. We derive a method of calculating the depreciation rate for each of the periods {delta t} , and estimating `the' implied net capital stock {Kt}. We then provide empirical examples of the procedure, and analyse the results.
More papers in Discussion Papers from Department of Economics, University of York Address: Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom Contact information at EDIRC. Series data maintained by Michael Shallcross ().
This site is part of RePEc
and all the data displayed here is part of the RePEc data set.
Is your work missing from RePEc? Here is how to
contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .