Improving Capital Income Shares in the GTAP Database

Nico van Leeuwen

No 331302, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: This paper aims to improve the value of capital income shares in the GTAP database. From the GTAP database 5, it appears that capital shares vary a lot over regions and sectors; they range from less than 10% till over 80%. Based on information from the OECD STAN database, we conclude that variation in capital incomes shares is less than suggested in the GTAP database. Moreover, accounting for income of self-employed substantially reduces capital income shares in some sectors.

Keywords: Research Methods/Statistical Methods; Public Economics (search for similar items in EconPapers)
Pages: 15
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331302

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