depreciation, or by correcting the limited official fixed asset data available. These procedures, to varying degrees, ignore that … newly created through investment, (iii) depreciation is an accounting measure that has no impact on changes in the …-2002, correcting for these shortcomings. It also uses the so far unexplored method of combining economy-wide depreciation data (in the …

, economy-wide fixed asset series are usually derived by aggregating gross fixed capital formation (net of depreciation) over … equal the value of fixed assets newly created through investment, (iii) depreciation is an accounting measure that bears no … traditional, cumulative approach and a new, so far unexplored method of combining economy-wide depreciation values and an economy …

some measure of resource-intensity. This is problematic as GDP counts natural and other capital depreciation as income …. Deducting depreciation from GDP to arrive at genuine income, we test whether the ‘curse’ still holds true. We find supporting …

This paper examines industrial differences in depreciation rates and the suitability of financial data for a … microeconomic analysis. Depreciation is a main source of enterprise investment and serves as a source for replacement of obsolete or …