IDEAS home Printed from https://ideas.repec.org/a/taf/uitjxx/v37y2023i6p633-652.html
   My bibliography  Save this article

A Multi-asset and Country Analysis of Capital-output Ratios

Author

Listed:
  • B. Anthony Billings
  • Cedric L. Knott
  • Buagu N. Musazi

Abstract

Several studies have considered factors influencing capital output differences among countries and reported that factors such as education of the workforce, capital allocation, taxes, and business profits partly explain capital-output differences. We disaggregate capital investment into six categories for nine major industrialized nations during the 1998 to 2016 period. The regression estimates of capital-output against several production factors show that capital-output ratios are a positive function of the education level of the workforce and R&D intensity, and a decreasing function of the tax burden on business profits. Among the countries studied, China, the UK, Italy, and India appear to be the most efficient in terms of capital-output ratios for the several capital investment categories examined.

Suggested Citation

  • B. Anthony Billings & Cedric L. Knott & Buagu N. Musazi, 2023. "A Multi-asset and Country Analysis of Capital-output Ratios," The International Trade Journal, Taylor & Francis Journals, vol. 37(6), pages 633-652, November.
    • Handle: RePEc:taf:uitjxx:v:37:y:2023:i:6:p:633-652
    DOI: 10.1080/08853908.2021.2007821
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/08853908.2021.2007821
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/08853908.2021.2007821?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:taf:uitjxx:v:37:y:2023:i:6:p:633-652. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/uitj20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.