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Capital as a factor of production in OECD agriculture : measurement and data

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorBall, V. Eldon
dc.contributor.authorLindamood, W. A.
dc.contributor.authorNehring, Richard
dc.contributor.authorSan Juan, Carlos
dc.date.accessioned2012-11-27T12:37:57Z
dc.date.available2012-11-27T12:37:57Z
dc.date.issued2008
dc.description.abstractThis article provides a farm sector comparison of levels of capital input for fourteen OECD countries for the period 1973 to 2002. The starting point for construction of a measure of capital input is the measurement of capital stock. Estimates of depreciable capital are derived by representing capital stock at each point of time as a weighted sum of past investments. The weights correspond to the relative efficiencies of capital goods of different ages, so that the weighted components of capital stock have the same efficiency. Estimates of the stock of land are derived from balance sheet data. We convert estimates of capital stock into estimates of capital service flows by means of capital rental prices. Comparisons of levels of capital input among countries require data on relative prices of capital input. We obtain relative price levels for capital input via relative investment goods prices, taking into account the flow of capital input per unit of capital stock in each country.
dc.description.statusPublicado
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.identifier.bibliographicCitationApplied Economics, 2008, v. 40, n. 10, pp. 1253-1277
dc.identifier.doi10.1080/00036840600771320
dc.identifier.issn1466-4283
dc.identifier.publicationfirstpage1253
dc.identifier.publicationissue40
dc.identifier.publicationissue10
dc.identifier.publicationlastpage1277
dc.identifier.publicationtitleApplied Economics
dc.identifier.urihttps://hdl.handle.net/10016/5786
dc.language.isoeng
dc.publisherTaylor & Francis
dc.relation.publisherversionhttp://dx.doi.org/10.1080/00036840600771320
dc.rights© Taylor & Francis
dc.rights.accessRightsopen access
dc.subject.ecienciaEconomía
dc.titleCapital as a factor of production in OECD agriculture : measurement and data
dc.typeresearch article*
dc.type.hasVersionAM*
dc.type.reviewPeerReviewed
dspace.entity.typePublication
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