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Nighttime lights data are a measure of economic activity whose measurement error is plausibly independent of the errors …
Persistent link: https://www.econbiz.de/10011538008
Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem … der aggregierte Kapitaleinsatz der Unternehmen erkennbar stärker zu als der amtlich ausgewiesene Kapitalstock. In der …
Persistent link: https://www.econbiz.de/10010308268
Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem … der aggregierte Kapitaleinsatz der Unternehmen erkennbar stärker zu als der amtlich ausgewiesene Kapitalstock. In der …
Persistent link: https://www.econbiz.de/10010308269
We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we could get more GDP without innovation by simply...
Persistent link: https://www.econbiz.de/10010271890
For more than fifty years, the Solow decomposition (Solow 1957) has served as the standard measurement of total factor … quantitative extent of capital measurement error when the initial condition is unknown to the analyst and when capacity utilization … and depreciation are endogenous. We propose two alternative measurements which eliminate capital stocks from the …
Persistent link: https://www.econbiz.de/10010265668
and tax-permitted depreciation, is considered. Both convex and concave survival functions can be accommodated. Three …-relevant accounting capital and true depreciation, (ii) mis-indexation of depreciation allowances, (iii) incomplete deductibility of …-exponential depreciation schedules are forced, by 'approximation devices', to fit into the exponential decay schedule. …
Persistent link: https://www.econbiz.de/10010275647
We discuss the relationship between the retirement process of the capital, as formalized by its survival function, and the average retirement rate, and how this relationship is affected by changes in the investment path. The effect of the survival function on the age distribution of the capital...
Persistent link: https://www.econbiz.de/10010284355
activity, by providing new tools for measurement at the regional level, regardless of administrative boundaries. …
Persistent link: https://www.econbiz.de/10012057070
Seit 2012 steht die Produktionslücke im Zentrum der Regelbindung der Fiskalpolitik in der Europäischen Union im Rahmen des Fiskalpakts. Die Schätzwerte für die Produktionslücke legen den finanzpolitischen Spielraum fest, unter dem sich die Mitgliedsländer verschulden dürfen. Der Artikel...
Persistent link: https://www.econbiz.de/10011693869
From an engineering perspective, a capital good's service is energy conversion - e.g., the physical 'work' done by a machine - and can thus be measured directly by the energy consumed in production. We show important empirical advantages of our concept over traditional measures. The empirical...
Persistent link: https://www.econbiz.de/10010435685