STOCKCAPIT: Stata module to calculate physical capital stock by the perpetual-inventory method
stockcapit calculates physical capital stock by the perpetual-inventory method using investvar (Investment variable) and gdpvar (GDP variable). The initial capital stock is computed as in Harberger (1978). See Nehru and Dhareshwar (1993) and King and Levine (1994) for more details concerning the measurement of initial capital stock. As pointed by Barro and Sala-i Martin (2004) the calculated capital stock for the first years depends on the initial guess of initial capital stock and hence is unreliable. But as initial capital depreciates, the computed stocks become more and more precise.
|Requires:||Stata version 10 and tsspell from SSC|
|Date of creation:||14 Apr 2011|
|Date of revision:||17 Jun 2011|
|Note:||This module should be installed from within Stata by typing "ssc install stockcapit". Windows users should not attempt to download these files with a web browser.|
|Contact details of provider:|| Postal: Boston College, 140 Commonwealth Avenue, Chestnut Hill MA 02467 USA|
Web page: http://fmwww.bc.edu/EC/
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|Order Information:||Web: http://repec.org/docs/ssc.php|
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