Volume of capital services: new annual and quarterly estimates for 1950 to 2009
AbstractSummaryCapital services are the measure of capital input preferred for analysing and modelling productivity. Along with quality adjusted labour input, the volume index of capital services is a key input to multi‐factor productivity and growth accounting analyses. This article presents new estimates of capital services for 2009 along with revised estimates for 1950 to 2008. The annual series has been extended by an additional year since the previous release (Wallis, Long and Turvey, 2010) with earlier years updated to incorporate revisions throughout the time series. The experimental quarterly series of whole economy capital services has been extended and revised, while this article presents for the first time an experimental quarterly series of capital services growth for the market sector. During 2009 the growth of whole economy capital services fell to its lowest rate since the series began in 1950. Capital services for the market sector experienced negative annual growth for the first time.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Palgrave Macmillan in its journal Economic & Labour Market Review.
Volume (Year): 5 (2011)
Issue (Month): 5 (May)
Contact details of provider:
Web page: http://www.palgrave-journals.com/
Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elizabeth Gale).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.