Sensitivity of capital and MFP measurement to asset depreciation patterns and initial capital stock estimates
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper discusses the sensitivity of capital and multifactor productivity (MFP) measurement to asset depreciation patterns and initial capital stock estimates. Applying the same depreciation rates in the US as in other G7 countries would reduce the US net investment rate and net capital stock by up to one third and increase US GDP by up to...
