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Estimativa do estoque de riqueza tangível no Brasil, 1950-1998 [An estimate of the fixed tangible wealth in Brazil, 1950-1998]

Author

Listed:
  • Adalmir Marquetti

    (Pontifícia Universidade Católica do Rio Grande do Sul - PUC-RS)

Abstract

This paper presents an estimate of fixed tangible wealth for the Brazilian economy in the period 1950-1998. Net capital stock and consumption of fixed capital are derived by the perpetual inventory method (PIM) employing a geometric depreciation function. Despite the criticism to the PIM methodology, it is used for all countries with capital stock estimates and recommended by UN (1993).

Suggested Citation

  • Adalmir Marquetti, 2000. "Estimativa do estoque de riqueza tangível no Brasil, 1950-1998 [An estimate of the fixed tangible wealth in Brazil, 1950-1998]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 10(2), pages 11-38, December.
    • Handle: RePEc:nov:artigo:v:10:y:2000:i:2:p:11-38
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    File URL: http://www.face.ufmg.br/novaeconomia/sumarios/v10n2/Marquetti.pdf
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    Citations

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    Cited by:

    1. Xavier Tafunell & Cristián Ducoing, 2015. "Non-residential capital stock in Latin America. 1875-2008," Economics Working Papers 1472, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Nelson H. Barbosa Filho, 2005. "Estimating Potential Output : a Survey of the Alternative Methods and their Applications to Brazil," Discussion Papers 1092, Instituto de Pesquisa Econômica Aplicada - IPEA.

    More about this item

    Keywords

    capital stock; Brazil; perpetual inventory method;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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