Economics at your fingertips  

Physical capital estimates for China's provinces, 1952–2015 and beyond

Carsten A. Holz and Yue Sun

China Economic Review, 2018, vol. 51, issue C, 342-357

Abstract: Capital estimates are widely used in economic growth and productivity studies, for profitability considerations and wealth accounting exercises. Yet the calculation of “capital” frequently receives only cursory attention, despite the challenges posed by conceptual difficulties, the complexity of calculations, and the extensive data requirements. This paper (i) calculates long-run provincial (and national) physical capital series for China, (ii) distinguishes between wealth capital stock and capital services (the appropriate measure of capital for productivity studies), and (iii) applies the most recent methodology advanced by the OECD (and implemented by the U.S. Bureau of Labor Statistics and the Australian Bureau of Statistics). The complete set of data is available online and is expected to be updated on an annual basis in the future.

Keywords: Capital services; Wealth capital stock; Capital concepts (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

China Economic Review is currently edited by B.M. Fleisher, K. X. D. Huang, M.E. Lovely, Y. Wen, X. Zhang and X. Zhu

More articles in China Economic Review from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-05-11
Handle: RePEc:eee:chieco:v:51:y:2018:i:c:p:342-357