IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-01653-2_6.html
   My bibliography  Save this book chapter

On Estimating the Rate of Return to Capital in Colombia

In: Project Evaluation

Author

Listed:
  • Arnold C. Harberger

    (University of Chicago)

Abstract

The historical rate of return to capital in any country is a matter of interest both because it provides a basis for assessing the contribution of capital investment to the growth process and also because it is a key guide for estimating the opportunity cost of capital—a figure which in turn has a major role to play in the evaluation of projects by the public sector. The historical rate of return can be obtained for any year by taking the ratio of (a) that part of the national income which accrues to capital during the year to (b) the value of the national capital stock at the beginning of the year, with both (a) and (b) expressed in terms of prices of the same year. The problem is that we do not have direct information on either factor.

Suggested Citation

  • Arnold C. Harberger, 1972. "On Estimating the Rate of Return to Capital in Colombia," Palgrave Macmillan Books, in: Project Evaluation, chapter 0, pages 132-156, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-01653-2_6
    DOI: 10.1007/978-1-349-01653-2_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

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


    Cited by:

    1. Roe, Alan,, 1986. "Interest rates, employment and income distribution: a review of issues," ILO Working Papers 992485903402676, International Labour Organization.
    2. repec:ilo:ilowps:248590 is not listed on IDEAS

    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:pal:palchp:978-1-349-01653-2_6. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.