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Estimates of government net capital stocks for 26 developing countries, 1970-2002

Florence Arestoff and Christophe Hurlin

No 3858, Policy Research Working Paper Series from The World Bank

Abstract: The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory method and various assumptions regarding initial stocks and depreciation rates. The second set of estimates takes into account the potential inefficiency of public investments in creating capital with a nonparametric approach. Three estimates of net capital stocks are provided, on the basis of three assumptions regarding the efficiency of public investment.

Keywords: Investment and Investment Climate; Economic Theory&Research; Markets and Market Access; Public Sector Economics&Finance; Economic Stabilization (search for similar items in EconPapers)
Date: 2006-03-01
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Citations: View citations in EconPapers (24)

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Related works:
Working Paper: Estimates of Government Net Capital Stocks for 26 Developing Countries, 1970-2002 (2008)
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