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Estimates of Capital Stocks for the States and Territories of Australia

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  • Mikhailitchenko, S.
  • Gfyen, D.T.
  • Smith, C.

    (Department of Accounting, Finance and Economics, Griffith University, Nathan QLD 4111)

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    Abstract

    Although capital stock data are potentially useful for a variety of reasoms, at present there are no official estimates of capital stocks at the state/territory level in Australia. This study contributes to filling this gap by providing estimates that are updated, extended and improved in comparison with those provided by previous (unofficial) research. The current study uses more information, including longer series of past data, to more satisfactorily derife estimates of the initial capital stocks into a number of categories, to better reflect the effects of different rates of depriciation.

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    File URL: http://eap-journal.com/archive/v35_i1-2_3.pdf
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    Bibliographic Info

    Article provided by Queensland University of Technology (QUT), School of Economics and Finance in its journal Economic Analysis and Policy (EAP).

    Volume (Year): 35 (2005)
    Issue (Month): 1-2 (March/September)
    Pages: 1-22

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    Handle: RePEc:eap:articl:v:35:y:2005:i:1-2:p:1-22

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    Keywords: Capital;

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    1. Productivity Commission, 2005. "Trends in Australian Agriculture," Research Papers 0502, Productivity Commission, Government of Australia.
    2. Sofia Levtchenkova & Jeffrey Petchey, 2000. "Regional Capital Stock Data for Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 33(2), pages 193-197.
    3. Holtz-Eakin, Douglas, 1993. "State-specific estimates of state and local government capital," Regional Science and Urban Economics, Elsevier, vol. 23(2), pages 185-209, April.
    4. Petchey, Jeffrey, et al, 2000. "Capital Equalization and the Australian States," The Economic Record, The Economic Society of Australia, vol. 76(232), pages 32-44, March.
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