Growth and Employment in Europe: Sustainability and Competitiveness, Department of Economics, WU (Wirtschaftsuniversität Wien)
Estimates of capital stocks and capital productivity in Austrian manufacturing industries, 1978 -1994
() and Robert Leisch
Abstract: We present gross, net and productive capital stock
estimates for 20 industries of the Austrian manufacturing sector based on
the perpetual inventory method for the period 1969-1994. The estimation of
the net capital stocks and the volume index of capital services follows an
integrated method derived from the neoclassical theory of investment. Based
on the estimates we calculate capital intensity and capital productivity
measures for the 20 industries and provide estimates of capital
productivity developments. We find that capital productivity decreased only
for 5 out of the 20 industries. The other industries showed in part marked
increases in both capital and labor productivity.
Keywords: Capital Services, Capital Productivity, Austria, Manufacturing; (follow links to similar papers)
JEL-Codes: D24,; O3,; O4; (follow links to similar papers)
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design Joakim Ekebom