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Aggregate Capital Stock Estimations for 122 Countries: An Update

Author

Listed:
  • Berlemann Michael

    (Faculty of Economics & Social Sciences, Helmut-Schmidt-University Hamburg, Holstenhofweg 85, 22008Hamburg, Germany)

  • Wesselhöft Jan-Erik

    (Carl‐Friedrich‐Gauß Faculty, Institute of Economics, Technical University Brunswick, Spielmannstraße 9, 38106Brunswick, Germany)

Abstract

Using newly available investment data from the World Bank’s World Development Indicators database we provide an update and an extension of the aggregate capital stock estimations provided in (Berlemann, M. and J.-E. Wesselhöft (2014): Estimating Aggregate Capital Stocks Using the Perpetual Inventory Method: A Survey of Previous Implementations and New Empirical Evidence for 103 Countries, Review of Economics 65(1), 1–34). The new database contains comparable unbalanced panel data for 122 countries and the period of 1960 to 2016.

Suggested Citation

  • Berlemann Michael & Wesselhöft Jan-Erik, 2017. "Aggregate Capital Stock Estimations for 122 Countries: An Update," Review of Economics, De Gruyter, vol. 68(2), pages 75-92, August.
    • Handle: RePEc:lus:reveco:v:68:y:2017:i:2:p:75-92:n:1
    DOI: 10.1515/roe-2017-0004
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    More about this item

    Keywords

    aggregate capital stock; investments; Perpetual Inventory Method;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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