Skip navigation

Measurement of capital stock and input services of Spanish banks

Thumbnail
View
895,07 kB
Authors
Issue Date
2007
Physical description
49 p. : tab., gráf.
Abstract
This paper contains estimates of physical and intangible (information technology, advertising and training) capital stock, together with capital, labor and externally provided input services, of Spanish commercial and saving banks in the period 1983 to 2003. Capital stocks are valued at replacement costs and assets’ services flows are computed using estimates of the risk-adjusted user cost of capital. Replacement costs of assets are substantially higher than book values and economic estimates of costs of input services allow for more accurate measures of efficiency and productivity of banks
Publish on
Documentos de trabajo / Banco de España, 0711
Subjects
Appears in Collections:


loading