The euro area capital stock since the beginning of the COVID-19 pandemic
Julien Le Roux
Economic Bulletin Boxes, 2021, vol. 2
Abstract:
This box examines developments in the euro area stock of capital, discusses how investment and depreciation rates have affected the capital stock in different directions, and reviews the varying impacts of the crisis across assets. The sharp decline in activity stemming from the pandemic and the associated containment measures has so far not translated into a sharp decline in the euro area capital stock. JEL Classification: E22, E23, E32, O11, O40
Keywords: COVID-19; depreciation; investment; Stock of capital (search for similar items in EconPapers)
Date: 2021-03
Note: 3182505
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbbox:2021:0002:2
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