Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/192347 
Erscheinungsjahr: 
2007
Schriftenreihe/Nr.: 
Discussion Papers No. 365
Verlag: 
Statistics Norway, Research Department, Oslo
Zusammenfassung: 
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 account for firms with missing data. Our approach has two major advantages compared with the much used Perpetual Inventory Method (PIM). First, long investment series are not necessary. Second, sector capital estimates are automatically adjusted for changes in the capital stock because of entry and exit of firms. While capital growth rates in Norwegian manufacturing were only 1 percent on average during 1993--2004 according to national accounts figures, our method yields much higher growth rates of 5.5 percent on average.
Schlagwörter: 
Capital measurement
Accounts data
Firm panel data
Net capital stocks
Depreciation
JEL: 
C13
C23
D24
E22
M40
Sonstige Angaben: 
A revised version
Dokumentart: 
Working Paper

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