IDEAS home Printed from https://ideas.repec.org/a/oup/erevae/v20y1993i4p437-50.html
   My bibliography  Save this article

The Stock of Capital in European Community Agriculture

Author

Listed:
  • Ball, V Eldon, et al

Abstract

This paper presents estimates of capital stocks of buildings and machinery and transportation vehicles in European Community agriculture. The capital stocks are the cumulation of all past investments adjusted for discards of worn-out assets and loss of efficiency of assets over their service life. Asset discards are calculated based on an assumed mean service life for a group of assets and a distribution of actual discards around this mean service life. Efficiency loss is assumed to be a function of age. The function relating efficiency to age of the asset is approximated by a rectangular hyperbola concave to the origin. This rectangular hyperbola provides a general model incorporating several of the commonly used forms of depreciation as special cases. Coauthors are Jean-Christophe Bureau, Jean-Pierre Butault and Heinz Peter Witzke. Copyright 1993 by Oxford University Press.

Suggested Citation

  • Ball, V Eldon, et al, 1993. "The Stock of Capital in European Community Agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 20(4), pages 437-450.
  • Handle: RePEc:oup:erevae:v:20:y:1993:i:4:p:437-50
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:erevae:v:20:y:1993:i:4:p:437-50. 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: (Oxford University Press) or (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/eaaeeea.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.