Capital services estimates in Portuguese industries, 1977–2003

Detalhes bibliográficos
Autor(a) principal: Silva, Ester Gomes da
Data de Publicação: 2010
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/15607
Resumo: This paper presents capital services estimates for 26 Portuguese industries for the 1977–2003 period. The estimation procedure follows an inte- grated approach under which the flows of capital services are approximated as a proportion of the capital stock converted into standard efficiency units. Our findings suggest a close proximity between the evolution of capital flows and the observed fluctuations of Portuguese macroeconomic growth. TFP growth estimates based on growth accounting reveal, furthermore, a very disappointing performance of the Portuguese economy during the period under study, with an average annual rate of TFP growth of 0.8% being observed. Performance varies across industries, but the bulk of activities show very modest rates of TFP growth.
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spelling Capital services estimates in Portuguese industries, 1977–2003Capital servicesTFPPortugalThis paper presents capital services estimates for 26 Portuguese industries for the 1977–2003 period. The estimation procedure follows an inte- grated approach under which the flows of capital services are approximated as a proportion of the capital stock converted into standard efficiency units. Our findings suggest a close proximity between the evolution of capital flows and the observed fluctuations of Portuguese macroeconomic growth. TFP growth estimates based on growth accounting reveal, furthermore, a very disappointing performance of the Portuguese economy during the period under study, with an average annual rate of TFP growth of 0.8% being observed. Performance varies across industries, but the bulk of activities show very modest rates of TFP growth.Springer VerlagRepositório da Universidade de LisboaSilva, Ester Gomes da2018-06-14T08:47:28Z2010-042010-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15607engSilva, Ester Gomes da (2010). "Capital services estimates in Portuguese industries, 1977–2003". Portuguese Economic Journal, 9(1):35-741617-982X (print)10.1007/s10258-010-0053-9metadata only accessinfo: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:RCAAP2023-03-06T14:45:32Zoai:www.repository.utl.pt:10400.5/15607Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:14.517953Repositório 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 Capital services estimates in Portuguese industries, 1977–2003
title Capital services estimates in Portuguese industries, 1977–2003
spellingShingle Capital services estimates in Portuguese industries, 1977–2003
Silva, Ester Gomes da
Capital services
TFP
Portugal
title_short Capital services estimates in Portuguese industries, 1977–2003
title_full Capital services estimates in Portuguese industries, 1977–2003
title_fullStr Capital services estimates in Portuguese industries, 1977–2003
title_full_unstemmed Capital services estimates in Portuguese industries, 1977–2003
title_sort Capital services estimates in Portuguese industries, 1977–2003
author Silva, Ester Gomes da
author_facet Silva, Ester Gomes da
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Silva, Ester Gomes da
dc.subject.por.fl_str_mv Capital services
TFP
Portugal
topic Capital services
TFP
Portugal
description This paper presents capital services estimates for 26 Portuguese industries for the 1977–2003 period. The estimation procedure follows an inte- grated approach under which the flows of capital services are approximated as a proportion of the capital stock converted into standard efficiency units. Our findings suggest a close proximity between the evolution of capital flows and the observed fluctuations of Portuguese macroeconomic growth. TFP growth estimates based on growth accounting reveal, furthermore, a very disappointing performance of the Portuguese economy during the period under study, with an average annual rate of TFP growth of 0.8% being observed. Performance varies across industries, but the bulk of activities show very modest rates of TFP growth.
publishDate 2010
dc.date.none.fl_str_mv 2010-04
2010-04-01T00:00:00Z
2018-06-14T08:47:28Z
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/10400.5/15607
url http://hdl.handle.net/10400.5/15607
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Silva, Ester Gomes da (2010). "Capital services estimates in Portuguese industries, 1977–2003". Portuguese Economic Journal, 9(1):35-74
1617-982X (print)
10.1007/s10258-010-0053-9
dc.rights.driver.fl_str_mv metadata only access
info:eu-repo/semantics/openAccess
rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Springer Verlag
publisher.none.fl_str_mv Springer Verlag
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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