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jdebacker avatar jdebacker commented on June 26, 2024

To be more specific, much of this work will be done in the read_bea.py script to create the ratio of BEA to IRS assets. For example, the BEA and IRS data are merged together on line 92 of this script. From this, you can get total BEA fixed assets (equipment and structures - does not include land, inventories) and IRS fixed assets by industry. We'll want to compute these ratios by industry and then we'll need to sort and look over that list manually to see what looks like a reasonable cutoff for "tax-exempt intensive" industries - it's these for which we'll need to adjust the BEA assets downward.

Certain assets that we can identify as being owned by tax exempts are already dropped In lines 53-55 of calc_final_outputs.py.

from cost-of-capital-calculator.

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