Raknerud, Arvid; Rønningen, Dag; Skjerpen, Terje - Statistisk Sentralbyrå, Government of Norway - 2007
We propose a new method for estimating capital stocks at the firm level by combining business accounts information and … investment data. The method also produces capital estimates at the sector or industry level by summing individual firms' capital … stocks and appropriately inflating this sum to account for firms with missing data. Our approach has two major advantages …