Measurement of Capital Usage in Nigerian Industries

A.O. Olaloye

Journal of the Royal Statistical Society Series A, 1992, vol. 155, issue 2, 233-239

Abstract: The measurement of capital usage has engaged the attention of economists for a long time, because estimates of capital usage are used in investment decision‐making of business firms and in estimating production functions and productivity. The paper discusses various methods that have been used for the measurement of capital usage. A model is formulated and fitted to cross‐sectional data from Nigerian manufacturing industries. The estimate of capital usage compares favourably with estimates derived from other studies.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:bla:jorssa:v:155:y:1992:i:2:p:233-239

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