My da|ra Login

Detailed view

metadata language: English

Replication data for: How Important Is Technology Capital for the United States?

Version
1
Resource Type
Dataset
Creator
  • Kapička, Marek
Publication Date
2012-04-01
Description
  • Abstract

    I construct measures of technology capital and country openness for the US economy and the rest of the world for 1982-2007. The key identifying assumption is that firms equalize returns on tangible and technology capital. For the US economy, technology capital is about one-third of tangible capital, and the degree of openness is between 0.61 and 0.70. I provide both a two-country estimation and a multicountry estimation, and find that the US estimates are almost identical in both cases. The welfare loss from totally closing the US economy is small, but the welfare gain from totally opening the US economy is large. (JEL E22, F41, O30)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/mac.4.2.218 (Text)
Publications
  • Kapic¿ka, Marek. “How Important Is Technology Capital for the United States?” American Economic Journal: Macroeconomics 4, no. 2 (April 2012): 218–48. https://doi.org/10.1257/mac.4.2.218.
    • ID: 10.1257/mac.4.2.218 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-13

Kapička, Marek (2012): Replication data for: How Important Is Technology Capital for the United States?. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E114244V1