Measuring Capital

Preprint OPEN
W. Erwin Diewert;
(2003)
  • Subject:
    • jel: jel:C43 | jel:C82

The paper revisits Harper, Berndt and Wood (1989) and calculates Canadian reproducible capital services aggregates under alternative assumptions about the form of depreciation, the opportunity cost of capital and the treatment of capital gains. Five different models of ... View more
  • References (34)
    34 references, page 1 of 4

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    Davies, G.R. (1924), “The Problem of a Standard Index Number Formula”, Journal of the American Statistical Association 27, 180-188.

    Diewert, W.E. (1974), “Intertemporal Consumer Theory and the Demand for Durables”, Econometrica 42, 497-516.

    Diewert, W.E. (1976), “Exact and Superlative Index Numbers”, Journal of Econometrics 4, 115-145.

    Diewert, W.E. (1978), “Superlative Index Numbers and Consistency in Aggregation”, Econometrica 46, 883-900.

    Diewert, W.E. (1980), “Aggregation Problems in the Measurement of Capital”, pp. 433- 528 in The Measurement of Capital, D. Usher (ed.), Chicago: The University of Chicago Press.

    Diewert, W.E. (1992a), “The Measurement of Productivity”, Bulletin of Economic Research 44, 165-198.

    Diewert, W.E. (1992b), “Fisher Ideal Output, Input and Productivity Indexes Revisited”, The Journal of Productivity Analysis 3, 211-248.

    Diewert, W.E. (1996), “Seasonal Commodities, High Inflation and Index Number Theory”. Discussion Paper No. 96-06, Department of Economics, University of British Columbia, Vancouver, Canada, V6T 1Z1, January, available on the web at: http://web.arts.ubc.ca/econ/diewert/Disc.htm Diewert, W.E. (1998), “High Inflation, Seasonal Commodities and Annual Index Numbers”, Macroeconomic Dynamics 2, 456-471.

    Diewert, W.E. (1999), “Index Number Approaches to Seasonal Adjustment”, Macroeconomic Dynamics 3, 48-68.

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