Abstract
There has been considerable discussion particularly in the theoretical literature concerning the concept of the stock of capital, and, in particular, doubts have been expressed about the validity of attempts to measure capital. Nevertheless, much use is made in empirical work in various areas of estimates of capital stock in industry. The aim of the present paper is not to enter into the controversy but to present estimates of the stock of capital in UK manufacturing industries in more detail than has been available previously.KeywordsCapacity UtilisationCapital FormationReplacement CostRoad VehicleTotal StockThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
