The often discussed problems of aggregating tangible capital assets across vintages and of decomposing value aggregates … the interest rate and the capital's age? In discussing these issues, five related quantity variables and five related …

cross-country production sharing. In this paper we empirically assess the impact of FDI, as well as capital dynamics and … high-tech manufacturing sectors. A particularly robust influence of FDI and capital accumulation on GVC integration is … identified in the textile and clothing industry. While capital accumulation in general intensifies GVC linkages for most sectors …

total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect … substitutes. In this paper we test this assumption by estimating a nested-CES production function whereas the two types of capital … private capital stocks for 151 countries over a period of 1960-2014 consistent with Penn World Table version 9. We find …