| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w1774 |
| 来源ID | Working Paper 1774 |
| New Estimates of Federal Government Tangible Capital and Net Investment | |
| Michael J. Boskin; Marc S. Robinson; John M. Roberts | |
| 发表日期 | 1985-12-01 |
| 出版年 | 1985 |
| 语种 | 英语 |
| 摘要 | Government capital formation raises a number of issues important to national economic well-being, yet the U.S., unlike most advanced countries, does not account for capital in its formal budget documents. We estimate depreciation of government capital using a methodology developed by Hulten and Wykoff which is based on used asset price data. We estimate a federal government net nonresidential capital stock of over $800 billion in 1984, more than 20% higher than estimated by the BEA. We also find much larger net federal investment since World War II than the BEA. The behavior of military and civilian structures and equipment is also examined.We analyze the potential importance of these results for measuring the net national savings rate, national wealth, the trend in government capital formation relative to private capital formation, and the relationship between net investment and deficits. |
| 主题 | Macroeconomics |
| URL | https://www.nber.org/papers/w1774 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/559021 |
| 推荐引用方式 GB/T 7714 | Michael J. Boskin,Marc S. Robinson,John M. Roberts. New Estimates of Federal Government Tangible Capital and Net Investment. 1985. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w1774.pdf（488KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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