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Capital Stock and Economic Development in Hungary

Zsolt Darvas and András Simon

The Economics of Transition, 2000, vol. 8, issue 1, 197-223

Abstract: This paper introduces a method of calculating physical capital stock figures in transition countries and derives data for Hungary. On the basis of international experience, we set investment and saving paths for future income levels. Confrontation of savings prospects of different sectors with investments needs leads to an economic policy analysis of the fiscal policy needed to catch up to 70 per cent of Austrian per capita income by 2030.

Date: 2000
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Citations: View citations in EconPapers (12)

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https://doi.org/10.1111/1468-0351.00041

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Working Paper: Capital Stock and Economic Development in Hungary (1999) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:bla:etrans:v:8:y:2000:i:1:p:197-223

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