Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/21670 |
Resumo: | This article is about the construction of time series on the stock of public and private capital and Public Private Partnerships (PPPs) in Mozambique, from 1960 to 2017, in local currency (meticais), at constant 2009 pries. The construction of these series was based on the IMF methodology, using data on investment and on the depreciation of the capital stock, based on a geometric depreciation model. For investment, data from the National Institute of Statistics (INE) gross fixed capital formation (GFCF), from 1991 to 2017, were considered. For the periods previous to 1991, INE investment data were extended regressively, from 1990 to 1960, considering the proportions of investment in real GDP, by sectors: public, private and PPPs. For this purpose, the proportions of total investment implicit in the IMF data from 1960 to 2013 were used. These proportions were applied to INE GDP data) to obtain the investment data in metical’s at 2009 constant prices, from 1960 to 1990. The result of the capital stock series shows an increasing trend of the total capital stock from 1960 to 2017. From the beginning of the 90's until roughly 2014, the public capital stock exceeded the stock of private capital. The share of the public capital stock in the total capital stock is, in general, greater than the share of the private capital stock. These data shows that despite Mozambique embarked on capitalism, the private sector development remained weak, with a low investment capacity in fixed capital to increase its capital stock. |
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Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017capital stockpublic capital stockpublic private partnership capital stockinvestmentsGDP,capital stock depreciationThis article is about the construction of time series on the stock of public and private capital and Public Private Partnerships (PPPs) in Mozambique, from 1960 to 2017, in local currency (meticais), at constant 2009 pries. The construction of these series was based on the IMF methodology, using data on investment and on the depreciation of the capital stock, based on a geometric depreciation model. For investment, data from the National Institute of Statistics (INE) gross fixed capital formation (GFCF), from 1991 to 2017, were considered. For the periods previous to 1991, INE investment data were extended regressively, from 1990 to 1960, considering the proportions of investment in real GDP, by sectors: public, private and PPPs. For this purpose, the proportions of total investment implicit in the IMF data from 1960 to 2013 were used. These proportions were applied to INE GDP data) to obtain the investment data in metical’s at 2009 constant prices, from 1960 to 1990. The result of the capital stock series shows an increasing trend of the total capital stock from 1960 to 2017. From the beginning of the 90's until roughly 2014, the public capital stock exceeded the stock of private capital. The share of the public capital stock in the total capital stock is, in general, greater than the share of the private capital stock. These data shows that despite Mozambique embarked on capitalism, the private sector development remained weak, with a low investment capacity in fixed capital to increase its capital stock.ISEG - REM - Research in Economics and MathematicsRepositório da Universidade de LisboaHuo, TelesSt. Aubyn, Miguel2021-07-26T15:40:32Z2021-072021-07-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/21670engHuo, Teles e Miguel St. Aubyn (2021). "Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017". Instituto Superior de Economia e Gestão – REM Working paper nº 0183 – 20212184-108Xinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:51:12Zoai:www.repository.utl.pt:10400.5/21670Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:06:13.008753Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 |
title |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 |
spellingShingle |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 Huo, Teles capital stock public capital stock public private partnership capital stock investments GDP, capital stock depreciation |
title_short |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 |
title_full |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 |
title_fullStr |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 |
title_full_unstemmed |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 |
title_sort |
Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017 |
author |
Huo, Teles |
author_facet |
Huo, Teles St. Aubyn, Miguel |
author_role |
author |
author2 |
St. Aubyn, Miguel |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Huo, Teles St. Aubyn, Miguel |
dc.subject.por.fl_str_mv |
capital stock public capital stock public private partnership capital stock investments GDP, capital stock depreciation |
topic |
capital stock public capital stock public private partnership capital stock investments GDP, capital stock depreciation |
description |
This article is about the construction of time series on the stock of public and private capital and Public Private Partnerships (PPPs) in Mozambique, from 1960 to 2017, in local currency (meticais), at constant 2009 pries. The construction of these series was based on the IMF methodology, using data on investment and on the depreciation of the capital stock, based on a geometric depreciation model. For investment, data from the National Institute of Statistics (INE) gross fixed capital formation (GFCF), from 1991 to 2017, were considered. For the periods previous to 1991, INE investment data were extended regressively, from 1990 to 1960, considering the proportions of investment in real GDP, by sectors: public, private and PPPs. For this purpose, the proportions of total investment implicit in the IMF data from 1960 to 2013 were used. These proportions were applied to INE GDP data) to obtain the investment data in metical’s at 2009 constant prices, from 1960 to 1990. The result of the capital stock series shows an increasing trend of the total capital stock from 1960 to 2017. From the beginning of the 90's until roughly 2014, the public capital stock exceeded the stock of private capital. The share of the public capital stock in the total capital stock is, in general, greater than the share of the private capital stock. These data shows that despite Mozambique embarked on capitalism, the private sector development remained weak, with a low investment capacity in fixed capital to increase its capital stock. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-07-26T15:40:32Z 2021-07 2021-07-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/21670 |
url |
http://hdl.handle.net/10400.5/21670 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Huo, Teles e Miguel St. Aubyn (2021). "Public and private capital and public private partnerships series construction for Mozambique, 1960 – 2017". Instituto Superior de Economia e Gestão – REM Working paper nº 0183 – 2021 2184-108X |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799131155042140160 |