Growth accounting and the quality adjustment of the capital stock / by René Durand.: CS15-602/26E-PDF
"This note deals with the quality adjustment issue in the measurement of the capital stock. A change in the quality of capital goods is usually considered as equivalent to a change in the volume of these goods. Improvements in the quality of capital goods are translated into equivalent changes in volume by adjusting the price of the capital goods used to deflate the nominal investment flows"--Introduction.
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| Title | Growth accounting and the quality adjustment of the capital stock / by René Durand. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | [21] p. |
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| Departmental catalogue number | 15-602 no. 26 |
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