how the actual size of the public capital stock should be measured. The authors state that the focus should be on the … development of gross capital stock. Sebastian Dullien and Katja Rietzler argue that, while the net public capital stock probably … understates the productively available capital stock, the gross figures overestimate it. No matter how one looks at it, Germany …

In Capital in 21st century, Thomas Piketty criticizes Marxian theory and the law of the tendency of the rate of profit …

This paper addresses the question if physical infrastructure and personnel infrastructure (i.e. human capital) are … infrastructures in East Germany have a positive impact. Contrarily, human capital causes larger output effects in West German than in …