2008
DOI: 10.1111/j.1475-4991.2008.00272.x
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Lifetimes of Machinery and Equipment: Evidence From Dutch Manufacturing

Abstract: This paper estimates service lifetimes for capital assets in Dutch manufacturing industries, using information on asset retirement patterns. A Weibull distribution function is estimated using a nonlinear regression technique to derive service lifetimes for three selected asset types: transport equipment, machinery and computers. For this purpose, benchmark capital stock surveys for different two-digit industries are linked to annual discard surveys. On average the estimated lifetimes are 6, 9 and 26 years for … Show more

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Cited by 32 publications
(25 citation statements)
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References 14 publications
(24 reference statements)
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“…7.5 tonnes) was considered for the equipment transportation and installation, while vans (b2.5 tonnes, light vehicles) were selected for the transportation of the chemicals and the personnel who support the maintenance of the MBR pilot unit. The average lifetime of these vehicles was assumed to be equal to 8.3 years, according to the study of Erumban (2008). • The construction data (i.e.…”
Section: Assumptions/hypothesesmentioning
confidence: 99%
“…7.5 tonnes) was considered for the equipment transportation and installation, while vans (b2.5 tonnes, light vehicles) were selected for the transportation of the chemicals and the personnel who support the maintenance of the MBR pilot unit. The average lifetime of these vehicles was assumed to be equal to 8.3 years, according to the study of Erumban (2008). • The construction data (i.e.…”
Section: Assumptions/hypothesesmentioning
confidence: 99%
“…This methodology was employed by Kato and Komatsu (1986), Choi and colleagues (1989), Yashiro and colleagues (1990), Hagishima and colleagues (2002), Oikawa and Urabe (2002), and Fujikawa and colleagues (2006) for estimating the lifespan distribution of buildings. This methodology was also employed for capital stock accounts (e.g., Erumban 2008).…”
Section: A Review Of Methodologies For Estimating Lifespan Distributionmentioning
confidence: 99%
“…In this process, the survival functions for many capital assets are estimated with disposal asset data; the results have been discussed by Nomura and Momose (2008). A study by Erumban (2008) had the same purpose; however, the number of goods covered in the study was relatively small.…”
Section: Other Durablesmentioning
confidence: 99%
“…International comparisons are also possible. According to Nomura and Momose (2008), the average service lifespan of machinery and equipment owned by Japanese businesses is 16.7 years, whereas Erumban (2008) estimated the average service lifespan of machinery and equipment in the Netherlands to be 26 years, which is significantly longer. Conversely, the two studies estimated the average service lifespan for transport equipment to be 12.9 and 6 years, respectively.…”
Section: Lifespan Data As An Indicator For Dematerializationmentioning
confidence: 99%