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Ball, V. Eldon; Lindamood, W.A.; Nehring, Richard F.; Mesonada, Carlos San Juan. |
This paper provides a farm sector comparison of levels of capital input for fourteen OECD countries for the period 1973-2002. The starting point for construction of a measure of capital input is the measurement of capital stock. Estimates of depreciable capital are derived by representing capital stock at each point of time as a weighted sum of past investments. The weights correspond to the relative efficiencies of capital goods of different ages, so that the weighted components of capital stock have the same efficiency. Estimates of the stock of land are derived from balance sheet data. We convert estimates of capital stock into estimates of capital service flows by means of capital rental prices. Comparisons of levels of capital input among countries... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Financial Economics. |
Ano: 2006 |
URL: http://purl.umn.edu/21315 |
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Kim, C.S.; Hallahan, Charles B.; Lindamood, W.A.; Schaible, Glenn D.; Payne, James. |
USDA uses the concept of "publish-ability" rather than statistical reliability of an estimate for quality validation of USDA estimates, which is solely based on the sample size and the coefficient of variation (CV). We demonstrate conceptually how the reliability of the sample mean can be tested by estimating the upper and lower bounds of the confidence interval for an unknown population mean using the CV. However, the reliability test for the sample mean can be made only under the normality assumption. USDA multiple-way Agricultural Resource Management Survey (ARMS) estimates are used to illustrate the relative measure of precision for sample-based estimators. |
Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 2004 |
URL: http://purl.umn.edu/31267 |
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