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A joint estimation of the production function and the depreciation rate of the capital stock. A disaggregated analysis

Ignacio Mauleón () and Marta Risueño

UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía

Abstract: In this article we estimate the depreciation rate of the capital stock jointly with the parameters of a production function. We use data on 81 Spanish manufacturing sectors for the period 1978-1992. The methodology used allows us to obtain consistent capital stock series using gross investment data and an initial capital stock.

Keywords: Depreciation; rate; Capital; stock; Random; coeficients; Pooled; data (search for similar items in EconPapers)
Date: 1997-09
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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:6064

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