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Working Paper

A Synthetic Estimate of the National Wealth of Korea, 1953-1990

페이스북
커버이미지
  • 저자 표학길(表鶴吉)
  • 발행일 1992/05/18
  • 시리즈 번호 9212
원문보기
요약 The main purpose of this paper is to present a synthetic
estimate of national wealth of South Korea(here-in-after called
Korea) for the period of 1953-1989. It is an updated and
extended version of my ealier work (Pyo, 1988a and 1988b) on
estimates of capital stock (durable and reproducible tangible
assets)by industries. The major contents of updating are the
incorporation of 1987 National Wealth Survey(NWS) results and
the rebasing of estimates in constant prices from 1980 prices to
1985 prices. The extension of ealier work is made by adding
estimates of inventory stocks, land, consumer durables and net
foreign assets to the previous estimates of business durable and
reproducible tangible assets.

The second section of this paper describes each method of
estimation more in detail. The estimation results are presented in
the third section, which includes a comparative analysis with
Japan`s capital-output ratio. Last section contains concluding
remarks.
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