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Firm-level estimates of capital stock and productivity

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  • Bob Gilhooly

    (Bank of England (Formerly Offi ce for National Statistics))

Abstract

Recent empirical work has highlighted the importance of firm-level studies in explaining productivity trends over time and across industries and countries. Using the microdata sets, made available within the Virtual Microdata Laboratory (VML) at the Office for National Studies (ONS), has made exploring the richness of differing firm characteristics and their impact on productivity possible. This article reviews the recent literature, and describes how a new firm-level capital stock series has been created. This will provide a gateway to future academic research and inform policy on productivity and firm performance. Economic & Labour Market Review (2009) 3, 36–41; doi:10.1057/elmr.2009.75

Suggested Citation

  • Bob Gilhooly, 2009. "Firm-level estimates of capital stock and productivity," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 3(5), pages 36-41, May.
  • Handle: RePEc:pal:ecolmr:v:3:y:2009:i:5:p:36-41
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    Citations

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    Cited by:

    1. Xi Chen & Tatiana Plotnikova, 2018. "The Measurement of Capital: Retrieving Initial Values from Panel Data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(3), pages 542-562, September.
    2. Manuel Coutinho Pereira & Ana Fontoura Gouveia, 2022. "An economic estimate of capital stock at the firm level for Portugal," Working Papers o202204, Banco de Portugal, Economics and Research Department.
    3. Peter Gal & Alexander Hijzen, 2016. "The short-term impact of product market reforms: A cross-country firm-level analysis," OECD Economics Department Working Papers 1311, OECD Publishing.
    4. Chen, Xi & Plotnikova, Tatiana, 2014. "Retrieving initial capital distributions from panel data," MPRA Paper 61154, University Library of Munich, Germany.
    5. Ensar Yilmaz & İbrahim Engin Kiliç, 2021. "Estimating Firm‐Level Capital Stock: The Evidence From Turkey," The Developing Economies, Institute of Developing Economies, vol. 59(4), pages 371-404, December.
    6. Ohnemus, Jörg, 2009. "Productivity effects of business process outsourcing: a firm-level investigation based on panel data," ZEW Discussion Papers 09-088, ZEW - Leibniz Centre for European Economic Research.

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