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Indicadores de inversión en el largo plazo. Una propuesta para Uruguay (1870-2011)

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  • Carolina Román

    ()
    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

  • Henry Willebald

    ()
    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

Abstract

In Uruguay the efforts to reconstruct national historical statistics have focused on the production side (productive activitis) providing confident estimations for a very long period, since 1870. However, scarce attention has being provided to the demand components. Although some sporadic efforts have being made, systemtic information of the expenditure components can be found since 1955 published by the official national accounts system. This article aims at fulfilling this gap and brings new historical series of gross fixed investment, at current and constant prices, for the period 1870-1955 which are consistent with the available information from national accounts. In addition, new long-term series of capital stock, inventory investment and capital prices are also provided. The sources and methodology are carefully detailed. To validate the estimations, the trajectories of the series are discussed within the national historical context and comparisons with other variables are presented.

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File URL: http://www.iecon.ccee.edu.uy/download.php?len=es&id=330&nbre=dt-21-12.pdf&ti=application/aux&tc=Publicaciones
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Bibliographic Info

Paper provided by Instituto de Economia - IECON in its series Documentos de Trabajo (working papers) with number 12-21.

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Length: 30 pages
Date of creation: Dec 2012
Date of revision:
Handle: RePEc:ulr:wpaper:dt-21-12

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Keywords: Gross fixed investment; Capital stock; Uruguay;

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