07/03: Capital Intensity and Welfare: National and International Determinants
[ Last Updated 29 August 2007 ]
Short Description
This paper looks at the links between capital intensity, per capita incomes and welfare and how certain factors lead to some countries having higher capital intensity than others.
Author
Arthur Grimes
June 2007
This paper was prepared for the Ministry of Economic Development, New Zealand. I thank Richard Fabling for preparing the graphs and for his extremely helpful comments during the preparation of the paper. I also thank Roger Procter, Geoff Lewis and participants at a New Zealand Treasury seminar for their helpful comments.
Contact: Occasionalpapers@med.govt.nz
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Disclaimer
The views, opinions, findings, and conclusions or recommendations expressed in this Occasional Paper are strictly those of the author(s). They do not necessarily reflect the views of the Ministry of Economic Development. The Ministry takes no responsibility for any errors or omissions in, or for the correctness of, the information contained in these occasional papers. The paper is presented not as policy, but with a view to inform and stimulate wider debate.
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