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China's Investment Rate : Implications and Prospects
Holz, Carsten A. - 2017
it driven by investment and capital accumulation. By 2014, gross capital formation had reached 46 percent of aggregate …
Persistent link: https://www.econbiz.de/10012953882
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Physical Capital Estimates for China's Provinces, 1952-2015 and Beyond
Holz, Carsten A. - 2017
Capital estimates are widely used in economic growth and productivity studies, for profitability considerations and … wealth accounting exercises. Yet the calculation of “capital” frequently receives only cursory attention, despite the …:(i) calculates long-run provincial (and national) physical capital series for China, (ii) distinguishes between capital services and …
Persistent link: https://www.econbiz.de/10012954571
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The Ifo Investment Database
Strobel, Thomas - 2013
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in 50 German industries from 1991 onward. The data is consistent with national accounts statistics provided by the German Federal Statistical Office and is based on investments in...
Persistent link: https://www.econbiz.de/10013084902
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The Ifo Investment Database
Strobel, Thomas; Sauer, Stefan; Wohlrabe, Klaus - CESifo - 2013
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in 50 German industries from 1991 onward. The data is consistent with national accounts statistics provided by the German Federal Statistical Office and is based on investments in...
Persistent link: https://www.econbiz.de/10010877644
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The Marginal Product of Capital : A Persistent International Puzzle
Chirinko, Robert S. - 2008
Large and sustained differences in marginal products of capital (MPKs) across countries are sharply at odds with the … substantially affected by adjustment costs in the accumulation of capital. With the proper technology and a plausible … parameterization of adjustment costs, the MPK in poor countries is much higher than the MPK in rich countries. Why capital flows do not …
Persistent link: https://www.econbiz.de/10012770255
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Ordoliberalism, Pragmatism and the Eurozone Crisis : How the German Tradition Shaped Economic Policy in Europe
Feld, Lars P. - 2015
German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper analysis of ordoliberal thinking reveals that the...
Persistent link: https://www.econbiz.de/10013021693
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Natural Resources: Curse or Blessing?
Ploeg, Frederick Van der - CESifo - 2010
Are natural resources a “curse” or a “blessing”? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a...
Persistent link: https://www.econbiz.de/10008534046
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The Structure of the American Economy
Eric O'N. Fisher; Marshall, Kathryn G. - CESifo - 2008
factors are mobile and another with capital specific to each sector in the economy. …
Persistent link: https://www.econbiz.de/10005094482
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A Mixed Splicing Procedure for Economic Time Series
Fuente, Angel De la - CESifo - 2009
This note develops a flexible methodology for splicing economic time series that avoids the extreme assumptions implicit in the procedures most commonly used in the literature. It allows the user to split the required correction to the older of the series being linked between its levels and...
Persistent link: https://www.econbiz.de/10008583693
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The Structure of the American Economy
Fisher, Eric O'Neill - 2008
factors are mobile and another with capital specific to each sector in the economy …
Persistent link: https://www.econbiz.de/10012772001