Applying a New Approach to Estimate the Net Capital Stock of Transport Infrastructure by Region in South Korea

Given the limited availability of data in South Korea, this study proposes a method by which to estimate regional capital stock by modifying the benchmark year method (BYM) and applies it to estimate regional net capital stock by sector in transport infrastructure. First, it estimates time-varying s...

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Bibliographic Details
Main Author: LEE, JONG YEARN
Format: Article
Language:English
Published: Korea Development Institute 2018-05-01
Series:KDI Journal of Economic Policy
Subjects:
Online Access:https://doi.org/10.23895/kdijep.2018.40.2.23