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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...
Persistent link: https://www.econbiz.de/10011968135
In the Norwegian national accounts, as in many other countries, it is quite common to use information on depreciation … different types of capital assets and their assessments of the most realistic depreciation profiles. For some capital categories … depreciation profiles, and carry out an econometric analysis for two types of capital where second-hand markets exist, Machinery …
Persistent link: https://www.econbiz.de/10011968610
Aggregation of tangible capital assets across vintages and decomposition of value aggregates into quantities and prices are considered. Focus is on both capital stock values and capital service values. If the definitions and ways of measuring prices and quantities are not conformable, a third...
Persistent link: https://www.econbiz.de/10011968288
This article is a contribution of the Institute for Applied Economic Research (Instituto de Pesquisa Econômica Aplicada - Ipea) to the evaluation of the My House My Life Program (Minha Casa Minha Vida - PMCMV) carried out within the scope of the Public Policy Monitoring and Evaluation Council...
Persistent link: https://www.econbiz.de/10014486020
The covid-19 pandemic has been devastating for small businesses, being responsible for an abrupt fall in demand, interruption of economic activities, and, in many cases, bankruptcy of numerous enterprises. Data from Brazilian Institute of Geography and Statistics (IBGE) indicate that, until June...
Persistent link: https://www.econbiz.de/10014486155
This paper argues that the production constraints in the basic NAIRU model should be distinguished by type: capital constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data for UK manufacturing over eighty quarters it is...
Persistent link: https://www.econbiz.de/10010295249
This paper argues that the production constraints in the basic NAIRU model should be distinguished by type: capital constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data for UK manufacturing over 80 quarters we show...
Persistent link: https://www.econbiz.de/10010295309
This article tests the hypothesis that financial supply-side shifts help to explain the low-investment climate of private firms in Germany. The core contention is that a firm's financial position contributes to its access to external finance on credit markets. Special emphasis is put on small...
Persistent link: https://www.econbiz.de/10011341025
The efficiency of the German economy is powered by its knowledge-intensive industrial and services sectors. Yet the use of knowledge capital to drive innovation and productivity in Germany is rather low compared to other European countries and the United States. Germany is clearly lagging...
Persistent link: https://www.econbiz.de/10012042164
Die Leistungsfähigkeit der deutschen Wirtschaft beruht auf ihren wissensintensiven Industrie- und Dienstleistungsunternehmen. Dennoch ist der Einsatz von Wissenskapital als wichtiger Treiber von Innovationen und Produktivität in Deutschland im Vergleich zu anderen europäischen Ländern und...
Persistent link: https://www.econbiz.de/10012051511