Estimation of a variable rate of depreciation : A dummy variable approach

@inproceedings{Prucha2012EstimationOA,
  title={Estimation of a variable rate of depreciation : A dummy variable approach},
  author={Ingmar R. Prucha},
  year={2012}
}
Many important economic problems require measures of physical and R&D capital. Except for some recent studies, there have been relatively few contributions in the literature that provide econometric estimates for the depreciation rates of physical and R&D capital. One reason for the relative paucity of such econometric studies may be that if the depreciation rates are viewed as unknown parameters, or as a functions of unknown parameters, then the corresponding stocks of physical and R&D capital… CONTINUE READING

From This Paper

Topics from this paper.

References

Publications referenced by this paper.
Showing 1-10 of 11 references

On the estimation of a constant rate of depreciation

  • I. R. Prucha
  • Empirical Economics
  • 1995
Highly Influential
5 Excerpts

Endogenous capital utilization in a short- run production model: Theory and empirical application

  • L. G. Epstein, M. Denny
  • Journal of Econometrics
  • 1980
Highly Influential
4 Excerpts

Endogenous capital utilization and productivity measurement in dynamic factor demand models: theory and application to the U.S. electrical machinery industry

  • I. R. Prucha, I.M
  • Nadiri,
  • 1994

Estimation of the depreciation rate of physical and R & D capital in the U . S . total manufacturing sector , Economic Inquiry , forthcoming

  • M. I. Nadiri, I. R. Prucha
  • 1994
3 Excerpts

Estimation of the depreciation rate of physical and R&D capital in the U.S

  • M. I. Nadiri, I.R
  • Prucha,
  • 1994

Basic structure of the asymptotic theory in dynamic nonlinear econometric models, part II: asymptotic normality

  • Potscher, B.M, I. R. Prucha
  • Econometric Reviews
  • 1991

Prucha, 1991a, Basic structure of the asymptotic theory in dynamic nonlinear econometric models, part I: consistency and approximation concepts

  • Potscher, I.R.B.M
  • Econometric Reviews
  • 1991
2 Excerpts

Capacity utilization and depreciation-in-use

  • C. W. Bischoff, E.C
  • Kokkelenberg,
  • 1987

A linear rational expectations equilibrium model of aggregate investment with endogenous capital utilization and maintenance, mimeo

  • T. Kollintzas, J.-B. Choi
  • 1985
2 Excerpts

The specification and estimation of interrelated factor demands under uncertainty

  • Kokkelenberg, E.C
  • Journal of Economic Dynamics and Control
  • 1984

Similar Papers

Loading similar papers…