Oulton, Nicholas; Wallis, Gavin - Centre for Economic Performance, LSE - 2015
This paper presents annual estimates of fixed capital stocks and capital services for the United Kingdom, 1950 … 1981 to 2013. We compare the effect on the estimates of capital services of using either an exogenous (ex post) rate of … look at what has happened to capital intensity (capital services per hour worked) in the Great Recession, a period when …