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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Format: | Article |
Language: | English |
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Korea Development Institute
2018-05-01
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Series: | KDI Journal of Economic Policy |
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Online Access: | https://doi.org/10.23895/kdijep.2018.40.2.23 |