RT Journal Article
T1 Measuring Real Capital Input in OECD Agriculture
A1 Ball, V. Eldon
A1 Butault, J. P.
A1 San Juan, Carlos
AB This paper provides a farm sector comparison of levels of capital input for 17 OECD countries. The estimates of capital input are derived by representing capital stock 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. We convert estimates of capital stock into estimates of capital services 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 among countries via relative investment goods prices, taking into account the flow of capital input per unit of capital stock in each country.
PB John Wiley & Sons
SN 1744-7976
YR 2004
FD 2004-11
LK https://hdl.handle.net/10016/5711
UL https://hdl.handle.net/10016/5711
LA eng
DS e-Archivo
RD 4 may. 2024