Abstract for: Dynamic of Fixed Capital – Different Points of View
The paper deals with the implications of the capital theory and national accounts statistics for the system dynamics models. In system dynamics’ modelling terminology the retirement and depreciation of the fixed capital are some kinds of delay. We compare the common structures for the production capacity depreciation with the fixed capital indicators and show the interconnections and interpretation. We analyse the data from building approvals to quantify the construction delay as common part of investment behaviour. For these purposes we interconnected two databases. This connection allowed us to find the parameters for the non-residential buildings from two points of view – the industry and type of construction.