capital is maintained. Roefie Hueting defined in 1969 environmental functions (state, stock) as the possible uses by humans of …

durables deteriorate exponentially, which implies that their replace-ment is proportional to the corresponding capital stocks … two-sector vintage capital model with exogenous technological change and endogenous use-ful lives. In the model … responsible for significant biases in the measurement of the economy-wide capital stock. …

stable in Switzerland. However, this does not imply that the capital share of income has also remained stable. Our results … suggest that the share of imputed capital rental payments to income has decreased. Similar to other countries, Switzerland has … seen an increase in the so-called factorless income share that cannot be readily attributed to capital and labor. The …

The objective in this paper is to highlight the complex linkages of capital input to potential output in the U … (BLS) over the period 1949-2016. By focusing on the changes in the composition of the capital stock in terms of structures … for their influence on the capital input and traces the latter’s effects on the potential output. It is found that: (a …

Two alternative measures of demand adjusted capital input for the U.S. non-farm private business sector are derived and … capital input published by the Congressional Budget Office (CBO). The results show that, allowing for the demand pressure on …, lastly, the long term trend of the growth rates with and without the demand adjustment to the capital input is sloping …