IDEAS home Printed from https://ideas.repec.org/p/ags/huaewp/232817.html
   My bibliography  Save this paper

A Cross-Country Database for Sector Investment and Capital

Author

Listed:
  • Larson, Donald
  • Butzer, Rita
  • Mundlak, Yair
  • Crego, Al

Abstract

This article presents a new database of investment and capital in agriculture, manufacturing, and the overall economy. It covers 62 industrial and developing countries for the years 1967-92. A common method is used in the calculations to facilitate comparisons across countries and sectors. The sensitivity of the calculations to choices of parameters and estimation methods is tested. Collectively, the data show that as economies grow, capital stocks accumulate, but the composition of capital changes. Together and individually, capital stocks in agriculture and manufacturing constitute a smaller share of the total capital stock than they did 20 years ago. Capital-labor ratios show that agriculture has become more capital intensive in most countries. The composition of agricultural capital has changed as well; capital from investments in orchards and livestock has declined relative to capital from fixed investments in machinery, irrigation, and buildings. Copyright 2000 by Oxford University Press.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Larson, Donald & Butzer, Rita & Mundlak, Yair & Crego, Al, 1999. "A Cross-Country Database for Sector Investment and Capital," Working Papers 232817, Hebrew University of Jerusalem, Center for Agricultural Economic Research.
    • Handle: RePEc:ags:huaewp:232817
    DOI: 10.22004/ag.econ.232817
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/232817/files/hebrewuniv-workingpapers-9903.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.232817?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
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Yair Mundlak & Donald Larson & Al Crego, 1998. "Agricultural Development: Issues, Evidence and Consequences," International Economic Association Series, in: Yair Mundlak (ed.), Contemporary Economic Issues, chapter 8, pages 149-172, Palgrave Macmillan.
    2. V.E. Ball & J.C. Bureau & J.P. Butault & H.P. Witzke, 1993. "The stock of capital in European Community agriculture," Post-Print hal-01072680, HAL.
    3. Crego, Al & Larson, Donald & Butzer, Rita & Mundlak, Yair, 1998. "A new database on investment and capital for agriculture and manufacturing," Policy Research Working Paper Series 2013, The World Bank.
    4. Martin, Will & Mitra, Devashish, 1999. "Productivity growth and convergence in agriculture and manufacturing," Policy Research Working Paper Series 2171, The World Bank.
    5. Mundlak, Yair & Larson, Don & Butzer, Ritz, 1997. "The determinants of agricultural production : a cross-country analysis," Policy Research Working Paper Series 1827, The World Bank.
    6. repec:adr:anecst:y:1999:i:55-56:p:19 is not listed on IDEAS
    7. Akiyama, T. & Trivedi, P. K., 1987. "Vintage production approach to perennial crop supply : An application to tea in major producing countries," Journal of Econometrics, Elsevier, vol. 36(1-2), pages 133-161.
    8. 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.
    9. Yair Mundlak & Donald F. Larson & Rita Butzer, 1999. "Rethinking Within and Between Regressions: The Case of Agricultural Production Functions," Annals of Economics and Statistics, GENES, issue 55-56, pages 475-501.
    10. repec:adr:anecst:y:1999:i:55-56 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Larson, Donald & Butzer, Rita & Mundlak, Yair & Crego, Al, "undated". "Sectoral Investment and Capital," Instructional Stata datasets for econometrics sectinvcap, Boston College Department of Economics.
    2. Crego, Al & Larson, Donald & Butzer, Rita & Mundlak, Yair, 1998. "A new database on investment and capital for agriculture and manufacturing," Policy Research Working Paper Series 2013, The World Bank.
    3. Butzer, Rita & Mundlak, Yair & Larson, Donald F., 2010. "Measures of Fixed Capital in Agriculture," Discussion Papers 290011, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    4. Mundlak, Yair, 1998. "Land Expansion, Land Augmentation and Land Saving," Working Papers 232804, Hebrew University of Jerusalem, Center for Agricultural Economic Research.
    5. Mundlak, Yair, 1997. "Leonard K. Elmhirst Lecture: The Dynamics of Agriculture," 1997 Conference, August 10-16, 1997, Sacramento, California 197028, International Association of Agricultural Economists.
    6. Mundlak, Yair & Larson, Don & Butzer, Ritz, 1997. "The determinants of agricultural production : a cross-country analysis," Policy Research Working Paper Series 1827, The World Bank.
    7. Roberto ESPOSTI & Pierpaolo PIERANI, 2001. "Building the Knowledge Stock: Lags, Depreciation and Uncertainty in Agricultural R&D," Working Papers 145, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    8. George Mergos & Giannis Karagiannis, 1997. "Sources Of Productivity Change Under Temporary Equilibrium And Application To Greek Agriculture," Journal of Agricultural Economics, Wiley Blackwell, vol. 48(1‐3), pages 313-329, January.
    9. Chambers, Robert G. & Tzouvelekas, Vangelis, 2013. "Estimating population dynamics without population data," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 510-522.
    10. Alexandre Gohin & J.C. Bureau, 2005. "Sugar market liberalization : modeling the EU supply of "C" sugar," Post-Print hal-01937090, HAL.
    11. Konstantinos Chatzimichael & Margarita Genius & Vangelis Tzouvelekas, 2015. "Health-Damaging Inputs, Workers' Health Status and Productivity Measurement," Working Papers 1505, University of Crete, Department of Economics.
    12. Robert G. Chambers & Margarita Genius & Vangelis Tzouvelekas, 2012. "A Supply-Response Model Under Invariant Risk Preferences," Working Papers 1209, University of Crete, Department of Economics.
    13. Gohin, Alexandre & Bureau, Jean-Christophe, 2006. "WTO Discipline and the CAP: the Constraints on the EU Sugar Sector," Working Papers 18872, TRADEAG - Agricultural Trade Agreements.
    14. Esposti, Roberto, 2014. "On why and how agriculture declines," Structural Change and Economic Dynamics, Elsevier, vol. 31(C), pages 73-88.
    15. Mary J. Keeney, 2007. "Measuring Irish Capital," The Economic and Social Review, Economic and Social Studies, vol. 38(1), pages 25-62.
    16. Gopinath, Munisamy & Arnade, Carlos & Shane, Mathew & Roe, Terry, 1997. "Agricultural competitiveness: The case of the United States and major EU countries," Agricultural Economics, Blackwell, vol. 16(2), pages 99-109, May.
    17. Vander Donckt, Marie & Chan, Philip & Silvestrini, Andrea, 2021. "A new global database on agriculture investment and capital stock," Food Policy, Elsevier, vol. 100(C).
    18. Yougesh Khatri & Colin Thirtle, 1996. "Supply And Demand Functions For Uk Agriculture: Biases Of Technical Change And The Returns To Public R&D," Journal of Agricultural Economics, Wiley Blackwell, vol. 47(1‐4), pages 338-354, January.
    19. Thirtle, Colin & Ball, V. Eldon & Bureau, Jean-Christophe & Townsend, Robert, 1995. "Accounting for Productivity Differences in European Agriculture: Cointegration, Multilateral TFPs and R&D Spillovers," 1994 Conference, August 22-29, 1994, Harare, Zimbabwe 183441, International Association of Agricultural Economists.

    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:ags:huaewp:232817. 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: . General contact details of provider: https://edirc.repec.org/data/caehuil.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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc 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 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/caehuil.html .

    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.