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 …) calculates long-run provincial (and national) physical capital series for China, (ii) distinguishes between capital services and …

This paper estimates the long run elasticity of the demand for fixed nonresidential capital (both equipment and … possibility that the capital demand curve is better identified in a small open economy because shocks to capital supply are more … of capital demand …

This Manual clarifies the conceptual issues concerning stocks and flows of fixed capital and provides practical … guidelines for estimation. The Manual also deals with the definition and measurement of "capital services" which measure the … contribution of capital assets into the production process. The Manual thus provides a link with the OECD Manual on Productivity …

From an engineering perspective, a capital good’s service is energy conversion - e.g., the physical 'work' done by a … the utilization of the capital stock better. In a growth accounting exercise, this results in higher TFP growth rates …