New Capital Estimates for China
Carsten A. Holz

Paper    for the paper please contact me


Concept of Fixed Assets

Fixed Asset Data

Selection of Investment in Fixed Asset Deflator

Investment Data

Gross Output to Capital Ratio of Non-SOUs

Derivation of Approximate Depreciation Rates

Scrap Rates

Lifetime of New Fixed Assets

Reliability of NIA Fixed Asset Values

Gregory Chow's and Chow/Li's Capital Series for China

Advantages and Disadvantages of Different Approaches to Calculating Economy-wide Fixed Assets