Advanced Search
MyIDEAS: Login to save this paper or follow this series

A Compositional Statistical Analysis of Capital per Worker


Author Info

  • Juan Manuel Larrosa

    (CONICET - Universidad Nacional del Sur)


Most of economic literature has presented its analysis under the assumption of homogeneous capital stock composition. However, capital composition differs across countries. What has been the pattern of capital composition associated with World economies? I make an exploratory statistical analysis based on the Aitchinson logratio transformations and the related tools for visualizing and measuring statistical estimators of association among the components. As initial findings could be cited that: 1. It is observed a clear correlation in terms of capital stock participation between two building-industry- related components, 2. Manufacturing behaves differently, especially durable goods sector. 3. There are differences among subsamples.

Download Info

If 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.
File URL:
Download Restriction: no

Bibliographic Info

Paper provided by EconWPA in its series Macroeconomics with number 0301006.

as in new window
Length: 24 pages
Date of creation: 18 Jan 2003
Date of revision:
Handle: RePEc:wpa:wuwpma:0301006

Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on HP; pages: 24 ; figures: included. 24 pages, postscript, prepared from MS Word - figures prepared from MS Excel
Contact details of provider:
Web page:

Related research

Keywords: compositional statistics; Aitchison logratio; capital structure; complementarities; comparative economics;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:


References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. John Aitchison & Michael Greenacre, 2002. "Biplots of compositional data," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 51(4), pages 375-392.
  2. J. Bradford De Long & Lawrence H. Summers, . "Equipment Investment and Economic Growth," J. Bradford De Long's Working Papers _122, University of California at Berkeley, Economics Department.
  3. Canning, David & Bennathan, Esra, 2000. "The social rate of return on infrastructure investments," Policy Research Working Paper Series 2390, The World Bank.
Full references (including those not matched with items on IDEAS)


Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Larrosa, Juan MC, 2005. "A Latent Budget Analysis Approach to Classification: Examples from Economics," MPRA Paper 12569, University Library of Munich, Germany.


This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpma:0301006. See general 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: (EconWPA).

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.