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Estimates of Government Net Capital Stocks for 26 Developing Countries, 1970-2002

Hurlin, Christophe; Arestoff, Florence (2006), Estimates of Government Net Capital Stocks for 26 Developing Countries, 1970-2002. https://basepub.dauphine.fr/handle/123456789/1648

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SSRN-id922984.pdf (898.7Kb)
Type
Document de travail / Working paper
Date
2006
Publisher
The World Bank.
Series title
World Bank Policy Research Working Paper
Series number
3858
Published in
Washington
Pages
55
Metadata
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Author(s)
Hurlin, Christophe
Arestoff, Florence
Abstract (EN)
The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory method and various assumptions regarding initial stocks and depreciation rates. The second set of estimates takes into account the potential inefficiency of public investments in creating capital with a nonparametric approach. Three estimates of net capital stocks are provided, on the basis of three assumptions regarding the efficiency of public investment.
Subjects / Keywords
Developing Countries; Capital Stocks; Public Capital
JEL
C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
E22 - Investment; Capital; Intangible Capital; Capacity
E62 - Fiscal Policy

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