A cost-based approach to the measurement of capital in aggregated production functions
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the observa...
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Veröffentlicht in: | Jahrbücher für Nationalökonomie und Statistik 2013-10, Vol.233 (5-6), p.638-660 |
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Format: | Artikel |
Sprache: | ger |
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