Abstract
Although capital stock data are potentially useful for a variety of reasons, at present there are no official estimates of capital stocks at the state/territory level in Australia. This study contributes to filling this gap by providing estimates that are updated, extended and improved in comparison with those provided by previous (unofficial) research. The current study uses more information, including longer series of past data, to more satisfactorily derive estimates of the initial capital stocks. Further, it disaggregates state-level investment flows and capital stocks into a number of categories, to better reflect the effects of different rates of depreciation.
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