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A joint estimation of the production function and the depreciation rate of the capital stock. A disaggregated analysis

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  • Mauleón, Ignacio
  • Risueño, Marta

Abstract

In this article we estimate the depreciation rate of the capital stock jointly with the parameters of a production function. We use data on 81 Spanish manufacturing sectors for the period 1978-1992. The methodology used allows us to obtain consistent capital stock series using gross investment data and an initial capital stock.

Suggested Citation

  • Mauleón, Ignacio & Risueño, Marta, 1997. "A joint estimation of the production function and the depreciation rate of the capital stock. A disaggregated analysis," UC3M Working papers. Economics 6064, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:6064
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    References listed on IDEAS

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    Keywords

    Depreciation rate;

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