Depreciation Rates and Capital Stocks
The Manchester School, Vol. 69, No. 1, pp. 42-51, January 2001
15 Pages Posted: 15 Jan 2012
Date Written: February 14, 2001
Abstract
Suppose we have observations ranging over t=0,1,…T on real net investment, {I_{n,t}}₀^{T}, and on real gross investment, {I_{g,t}}₀^{T}. We derive a method of calculating the depreciation rate for each of the periods {δ_{t}}₁^{T}, and estimating `the' implied net capital stock {K_{t}}₀^{T}. We then provide empirical examples of the procedure, and analyse the results.
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Aggregation, Persistence and Volatility in a Macro Model
By Karim M. Abadir and Gabriel Talmain
-
By Cheng Hsiao, Yan Shen, ...
-
A Revealed Preference Analysis of Asset Pricing Under Recursive Utility
By Larry G. Epstein and Angelo Melino
-
Autocovariance Functions of Series and of Their Transforms
By Karim M. Abadir and Gabriel Talmain
-
By Cheng Hsiao and Siyan Wang