Question
Why can we not simply add up the value of fixed assets on the balance sheets of all the firms in an industry to obtain
Why can we not simply add up the value of fixed assets on the balance sheets of all the firms
in an industry to obtain a meaningful measure of the industry's capital stock?
Why does it matter how far back our data on investment go in time, when deriving a measure
of capital stock using the perpetual inventory method?
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International economics
Authors: Robert J. Carbaugh
13th Edition
978-1439038949, 1439038945, 978-8131518823
