IDEAS home Printed from https://ideas.repec.org/p/ris/vhsuwp/2012_125.html
   My bibliography  Save this paper

Estimating Aggregate Capital Stocks Using the Perpetual Inventory Method – New Empirical Evidence for 103 Countries –

Author

Listed:
  • Berlemann, Michael

    () (Helmut Schmidt University, Hamburg)

  • Wesselhöft, Jan-Erik

    () (Helmut Schmidt University, Hamburg)

Abstract

The lack of internationally comparable capital stock data has been a major obstacle to empirical studies of the contribution of the capital stock to economic growth. In this paper, we provide estimations of aggregate capital stocks for 103 countries in 2010. Depending on data availability the time series of the sample countries start in between 1960 and 1991. The estimation is based on World Bank investment data and applies a unified approach of applying the Perpetual Inventory Method. The data can easily be extended for more recent years as soon as new data is available.

Suggested Citation

  • Berlemann, Michael & Wesselhöft, Jan-Erik, 2012. "Estimating Aggregate Capital Stocks Using the Perpetual Inventory Method – New Empirical Evidence for 103 Countries –," Working Paper 125/2012, Helmut Schmidt University, Hamburg.
  • Handle: RePEc:ris:vhsuwp:2012_125
    as

    Download full text from publisher

    File URL: http://www.hsu-hh.de/fgvwl/index_kzotq3ty8lAKz0Qf.html
    File Function: Full text
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muhammed BENLI, 2016. "FDI and export spillovers using Heckman’s two step approach: Evidence from Turkish manufacturing data," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 315-342, Winter.
    2. Gregory BROCK & Constantin OGLOBLIN, 2015. "A Stochastic Walk Down Mexico’S Mesoamerican Frontier, 1990-2011," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(2), pages 99-114.
    3. Muhammed BENLI, 2016. "Productivity spillovers from FDI in Turkey: Evidence from quantile regressions," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(608), A), pages 177-196, Autumn.
    4. Muhammed BENLI, 2016. "FDI and export spillovers using Heckman’s two step approach: Evidence from Turkish manufacturing data," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 315-342, Winter.
    5. Thorbecke, Willem, 2015. "China–US trade: A global outlier," Journal of Asian Economics, Elsevier, vol. 40(C), pages 47-58.
    6. Paitoon Kraipornsak, 2014. "Contribution of Advanced Technology and Foreign Capital to Growth of Different Stage of Development Countries," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 4(10), pages 1420-1446, October.
    7. Ashraf, Ayesha & Herzer, Dierk & Nunnenkamp, Peter, 2014. "The effects of Greenfield FDI and cross-border M&As on total factor productivity," Kiel Working Papers 1941, Kiel Institute for the World Economy (IfW).
    8. repec:spr:jecstr:v:6:y:2017:i:1:d:10.1186_s40008-017-0092-9 is not listed on IDEAS
    9. Zsuzsanna Csereklyei, M. d. Mar Rubio-Varas, and David I. Stern, 2016. "Energy and Economic Growth: The Stylized Facts," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    10. Jesus Crespo Cuaresma & Samir K.C. & Petra Sauer, 2013. "Age-Specific Education Inequality, Education Mobility and Income Growth," WWWforEurope Working Papers series 6, WWWforEurope.
    11. Lüdering, Jochen, 2016. "Low Latency Internet and Economic Growth: A Simultaneous Approach," 27th European Regional ITS Conference, Cambridge (UK) 2016 148687, International Telecommunications Society (ITS).
    12. Giang Huong Nguyen, 2014. "Estimating the Output Gap to Support the Management of Interest Rates in Vietnam," IHEID Working Papers 05-2014, Economics Section, The Graduate Institute of International Studies.
    13. Ville Kaitila, 2016. "GDP growth in Russia: different capital stock series and the terms of trade," Post-Communist Economies, Taylor & Francis Journals, vol. 28(2), pages 129-145, April.
    14. Felix Rösel, 2013. "Kränkelnde Krankenhäuser - Ursachen und Auswirkungen des Rückgangs der Krankenhausinvestitionen der Länder," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 20(05), pages 03-15, October.
    15. Muhammed BENLI, 2016. "Productivity spillovers from FDI in Turkey: Evidence from quantile regressions," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(608), A), pages 177-196, Autumn.
    16. Alleman, James & Rappoport, Paul, 2014. "Regulation of Latin American's Information & Communications Technology (ICT) Sector: An empirical analysis," 20th ITS Biennial Conference, Rio de Janeiro 2014: The Net and the Internet - Emerging Markets and Policies 106842, International Telecommunications Society (ITS).
    17. repec:erh:journl:v:9:y:2017:i:2:p:69-76 is not listed on IDEAS
    18. Crespo Cuaresma, Jesus & Lábaj, Martin & Pružinský, Patrik, 2014. "Prospective ageing and economic growth in Europe," The Journal of the Economics of Ageing, Elsevier, vol. 3(C), pages 50-57.
    19. Maito, Esteban Ezequiel, 2014. "Auge y estancamiento de Japón (1955-2008). Una explicación marxista
      [Rise and standstill of Japan (1955-2008). A Marxist explanation]
      ," MPRA Paper 53102, University Library of Munich, Germany.
    20. Prettner, Catherine, 2016. "Nonlinearities and Parameter Instability in the Finance-Growth Nexus," Department of Economics Working Paper Series 5037, WU Vienna University of Economics and Business.
    21. Pang, Rui-Zhi & Deng, Zhong-Qi & Hu, Jin-li, 2015. "Clean energy use and total-factor efficiencies: An international comparison," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1158-1171.
    22. Michael Regan, 2017. "Capital Markets, Infrastructure Investment and Growth in the Asia Pacific Region," International Journal of Financial Studies, MDPI, Open Access Journal, vol. 5(1), pages 1-28, February.
    23. repec:eco:journ1:2017-03-19 is not listed on IDEAS
    24. Ahmed Waqar Qasim & M. Ali Kemal & Omer Siddique, 2015. "Fiscal Consolidation and Economic Growth: A Case Study of Pakistan," PIDE-Working Papers 2015:124, Pakistan Institute of Development Economics.
    25. Catherine Prettner, 2016. "Nonlinearities and Parameter Instability in the Finance-Growth Nexus," Department of Economics Working Papers wuwp224, Vienna University of Economics and Business, Department of Economics.

    More about this item

    Keywords

    aggregate capital stock; investments; perpetual inventory method;

    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

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ris:vhsuwp:2012_125. 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: (Klaus Bekcmann). General contact details of provider: http://edirc.repec.org/data/egbwhde.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.