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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w2274 |
来源ID | Working Paper 2274 |
Is the U.S. a Spendthrift Nation? | |
Robert E. Lipsey; Irving B. Kravis | |
发表日期 | 1987-06-01 |
出版年 | 1987 |
语种 | 英语 |
摘要 | The belief that the U.S. is a nation of spendthrifts, unwilling to pro- vide for the future, rests on observations of particular narrow definitions of capital formation, on the use of nominal values that ignore inter- national differences in the relative prices of capital goods, and on concentration on the ratio of capital formation to total output rather than on the amount of capita1 formation per capita. By a broad definition of capital formation, the U.S. has been investing a proportion of its gross output in the last decade and a half that is not far below that of other developed countries, even in nominal terms. In world prices, or real terms, U.S. capital formation was a higher proportion of output than in nominal terms. Real gross capital formation per capita in the U.S., even by a narrow definition of capital formation, was above the average for developed countries. By a broad measure of capital formation, few countries surpassed the U.S. in per capita real capital formation. |
主题 | Econometrics |
URL | https://www.nber.org/papers/w2274 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/559529 |
推荐引用方式 GB/T 7714 | Robert E. Lipsey,Irving B. Kravis. Is the U.S. a Spendthrift Nation?. 1987. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w2274.pdf(587KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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