Showing 1 - 10 of 48,496
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
The decline in the service flow from a stock of capital goods with age, due to the physical retirement of capital units and to the gradual loss of efficiency of each unit remaining, can be described by survival curves and efficiency curves. The paper reconsiders the relationship between these...
Persistent link: https://www.econbiz.de/10005382410
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
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/10004980688
The paper considers how to measure capital in a model where technical progress is either embodied in new units of capital or it is "disembodied" and simply causes the price of capital services to fall. The disembodied case is considered in sections 2-4. Sections 2 and 3 set out standard vintage...
Persistent link: https://www.econbiz.de/10004977094
The decline in the service flow from a stock of capital goods with age, due to the physical retirement of capital units and to the gradual loss of efficiency of each unit remaining, can be described by survival curves and efficiency curves. The paper reconsiders the relationship between these...
Persistent link: https://www.econbiz.de/10014206483
rate of return) exists for every project which maps depreciation classes into rates of return. The various shapes a rate of … from the (implicit or explicit) selection of different depreciation patterns. To single out the appropriate rate of return … for a project, auxiliary assumptions are needed regarding the project's capital depreciation. This involves value judgment …
Persistent link: https://www.econbiz.de/10012962027
This paper investigates the performance of a metric that links two measures of critical importance in marketing and accounting. This metric is the market value/sales revenue ratio. We discover several surprising insights when this measure is applied to U.S. markets. First, the long run expected...
Persistent link: https://www.econbiz.de/10012730995
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