New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001 /

The issue of whether government capital is productive has received a great deal of recent attention. Yet empirical analyses of public capital productivity have generally been limited to the official capital stock estimates available in a small sample of countries. Alternatively, many researchers hav...

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Автор: Kamps, Christophe
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2004.
Серія:IMF Working Papers; Working Paper ; No. 2004/067
Онлайн доступ:Full text available on IMF
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245 1 0 |a New Estimates of Government Net Capital Stocks for 22 OECD Countries 1960-2001 /  |c Christophe Kamps. 
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520 3 |a The issue of whether government capital is productive has received a great deal of recent attention. Yet empirical analyses of public capital productivity have generally been limited to the official capital stock estimates available in a small sample of countries. Alternatively, many researchers have investigated the output effects of public investment-recognizing that investment may be a poor proxy for the corresponding capital stock. This paper attempts to overcome the data shortage by providing internationally comparable capital stock estimates for 22 Organization for Economic Cooperation and Development (OECD) countries. 
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