000 01962cam a22003257 4500
001 w0448
003 NBER
005 20211020115457.0
006 m o d
007 cr cnu||||||||
008 210910s1980 mau fo 000 0 eng d
100 1 _aFeldstein, Martin.
_910276
245 1 4 _aThe Distribution of the U.S. Capital Stock Between Residential and Industrial Uses /
_cMartin Feldstein.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c1980.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w0448
500 _aFebruary 1980.
520 3 _aThe purpose of the present study is to measure the extent to which an increase in the total capital stock induces an increase in the stock of residential capital, i.e., to measure the marginal propensity of additional capital to be absorbed in residential capital. A knowledge of this propensity is important to evaluate the national return on additional saving and to understand the impact that an increased capital stock could have on labor productivity and on the composition of national output. The present paper provides both a theoretical and an empirical examination of this question.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aC - Mathematical and Quantitative Methods
_2Journal of Economic Literature class.
690 7 _aE - Macroeconomics and Monetary Economics
_2Journal of Economic Literature class.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w0448.
856 4 0 _uhttps://www.nber.org/papers/w0448
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w0448
942 _2ddc
_cW-PAPER
999 _c348174
_d306736