发帖
雷达卡
| Christophe Kamps, Kiel Institute for World Economics, April 2004 |
| This workbook contains net capital stock estimates for the period 1960 - 2001 for the following 22 OECD countries: |
| Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, |
| Portugal, Spain, Sweden, Switzerland, United Kingdom, United States. |
| These estimates are constructed applying the Perpetual Inventory Method. Following the practice of the U.S. Department of Commerce, Bureau of Economic |
| Analysis, it is assumed that depreciation (i.e. consumption of fixed capital) follows a geometric pattern. The depreciation rate is assumed to be time-varying and |
| different across the three broad types of assets considered. The depreciation rate is assumed to gradually increase from 2.5 in 1960 to 4 % in 2001 for |
| government fixed assets, from 4.25 to 8.5 % for private non-residential fixed assets. The rate is assumed to be constant for private residential fixed assets (1.5 %). |
| Data on real gross fixed capital formation for the period 1960-2001 are taken from the OECD Analytical Database (Version: June 2002). These data are |
| supplemented with own estimates for the period 1860-1959 assuming an annual growth rate of 4 percent. These estimates for the period 1860-1959 are |
| needed in order to calculate a benchmark net capital stock for 1960. The results of a sensitivity analysis regarding the importance of this assumption for the |
| resulting capital stock series are reported in Christophe Kamps (2004), New Estimates of Government Net Capital Stocks for 22 OECD countries 1960-2001, |
| IMF Working Paper 04/67, Washington, DC. |
| The following OECD series for real gross fixed capital formation at 1995 prices are used as input in the capital stock estimations: |
| IGV ⺷ Government fixed capital formation, volume |
| IBV ⺷ Private non-residential fixed capital formation, volume |
| IHV ⺷ Private residential fixed capital formation, volume |
| IPV ⺷ Private total fixed capital formation, volume |
| ITV ⺷ Gross total fixed capital formation, volume |
| The resulting capital stock estimates are labelled according to OECD conventions: |
| KGV ⺷ Government net capital stock, volume |
| KBV ⺷ Private non-residential net capital stock, volume |
| KHV ⺷ Private residential net capital stock, volume |
| KPV ⺷ Private total net capital stock, volume |
| KTV ⺷ Total net capital stock, volume |
| The workbook also contains the OECD series for real GDP (GDPV) taken from the Analytical Database (Version: June 2002) and ratios of the government |
| as well as the total capital stock with respect to GDP (KGV-GDPV and KTV-GDPV, respectively). |
51559.rar
(112.51 KB, 需要: 200 个论坛币)
本附件包括：- Database on Capital Stocks in OECD Countries.xls
[此贴子已经被作者于2006-5-18 12:43:01编辑过]
提升卡
置顶卡
沉默卡
变色卡
抢沙发
千斤顶
显身卡
京公网安备 11010802022788号
