Is Soviet Capital Too Old
Bibliographic Data
| ID | 9720778 |
|---|---|
| Authors | Antoni Chawluk (corresponding author) |
| Year | 1987 |
| Volume | 54 |
| Issue | 215 |
| Pages | 335 |
| Publication date | 1987-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2554448 |
| OpenAlex | W2052760438 |
| Language | EN |
| References cited | 8 |
This paper derives expressions for the length of output-maximizing service lives of capital assets in a steady-state economy. The main determinants are the rate of growth of the labor force, the rate of disembodied technical progress, the share of investment, and production-function parameters. Various data sources on the actua l length of service lives of Soviet industrial capital assets are ass essed. Calculations are presented which suggest that had the service lives of Soviet industrial capital assets been shorter, the level of Soviet industrial output would have been higher by a few percentage p oints. Copyright 1987 by The Review of Economic Studies Limited
Ancient history · Capital (architecture) · Economic system · Economics · Political science · Economic Growth and Productivity · Economic theories and models · Economic Theory and Policy · History
Some investment patterns engendered by the renovation of Soviet industry
The Soviet investment deflator again
Soviet consumption and investment prices, and the meaningfulness of real investment
The price level of Soviet machinery in the 1960s
The soviet capital stock from census to census, 1960–73
A note on Soviet equipment replacement
The Theory of Equilibrium Growth
The Soviet Economy
| Citation velocity | historical |
|---|---|
| Highly cited | No |