The Measurement of Capital

The Measurement of Capital PDF Author: Dan Usher
Publisher: University of Chicago Press
ISBN: 0226843025
Category : Study Aids
Languages : en
Pages : 570

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Book Description
How is real capital measured by government statistical agencies? How could this measure be improved to correspond more closely to an economist's ideal measure of capital in economic analysis and prediction? It is possible to construct a single, reliable time series for all capital goods, regardless of differences in vintage, technological complexity, and rates of depreciation? These questions represent the common themes of this collection of papers, originally presented at a 1976 meeting of the Conference on Income and Wealth.

The Measurement of Capital

The Measurement of Capital PDF Author: Dan Usher
Publisher: University of Chicago Press
ISBN: 0226843025
Category : Study Aids
Languages : en
Pages : 570

Get Book Here

Book Description
How is real capital measured by government statistical agencies? How could this measure be improved to correspond more closely to an economist's ideal measure of capital in economic analysis and prediction? It is possible to construct a single, reliable time series for all capital goods, regardless of differences in vintage, technological complexity, and rates of depreciation? These questions represent the common themes of this collection of papers, originally presented at a 1976 meeting of the Conference on Income and Wealth.

Measuring Capital -- OECD Manual Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services

Measuring Capital -- OECD Manual Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926419326X
Category :
Languages : en
Pages : 134

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Book Description
This Manual clarifies the conceptual issues concerning stocks and flows of fixed capital and provides practical guidelines for estimation. The Manual also deals with the definition and measurement of "capital services" which measure the contribution of capital assets into the production process.

International Convergence of Capital Measurement and Capital Standards

International Convergence of Capital Measurement and Capital Standards PDF Author:
Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294

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Book Description


Fifty Years of Economic Measurement

Fifty Years of Economic Measurement PDF Author: Ernst R. Berndt
Publisher: University of Chicago Press
ISBN: 0226044319
Category : Business & Economics
Languages : en
Pages : 468

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Book Description
This volume contains papers presented at a conference in May 1988 in Washington, D.C., commemorating the fiftieth anniversary of the founding of the Conference on Research in Income and Wealth (CRIW). The call for papers emphasized assessments of broad topics in economic measurement, both conceptual and pragmatic. The organizers desired (and succeeded in obtaining) a mix of papers that, first, illustrate the range of measurement issues that economics as a science must confront and, second, mark major milestones of CRIW accomplishment. The papers concern prices and output (Griliches, Pieper, Triplett) and also the major productive inputs, capital (Hulten) and labor (Hamermesh). Measures of saving, the source of capital accumulation, are covered in one paper (Boskin); measuring productivity, the source of much of the growth in per capita income, is reviewed in another (Jorgenson). The use of economic data in economic policy analysis and in regulation are illustrated in a review of measures of tax burden (Atrostic and Nunns) and in an analysis of the data needed for environmental regulation (Russell and Smith); the adequacy of data for policy analysis is evaluated in a roundtable discussion (chapter 12) involving four distinguished policy analysts with extensive government experience in Washington and Ottawa.

Measuring Capital - OECD Manual 2009 Second edition

Measuring Capital - OECD Manual 2009 Second edition PDF Author: OECD
Publisher: OECD Publishing
ISBN:
Category :
Languages : en
Pages : 244

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Book Description
This revised Capital Manual is a comprehensive guide to the approaches toward capital measurement. It provides theoretical background and an overview of the relevant literature.

The Measurement of Saving, Investment, and Wealth

The Measurement of Saving, Investment, and Wealth PDF Author: Robert E. Lipsey
Publisher: University of Chicago Press
ISBN: 0226484718
Category : Business & Economics
Languages : en
Pages : 876

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Book Description
There is probably no concept other than saving for which U.S. official agencies issue annual estimates that differ by more than a third, as they have done for net household saving, or for which reputable scholars claim that the correct measure is close to ten times the officially published one. Yet despite agreement among economists and policymakers on the importance of this measure, huge inconsistencies persist. Contributors to this volume investigate ways to improve aggregate and sectoral saving and investment estimates and analyze microdata from recent household wealth surveys. They provide analyses of National Income and Product Account (NIPA) and Flow-of-Funds measures and of saving and survey-based wealth estimates. Conceptual and methodological questions are discussed regarding long-term trends in the U.S. wealth inequality, age-wealth profiles, pensions and wealth distribution, and biases in inferences about life-cycle changes in saving and wealth. Some new assessments are offered for investment in human and nonhuman capital, the government contribution to national wealth, NIPA personal and corporate saving, and banking imputation.

Measuring Capital in the New Economy

Measuring Capital in the New Economy PDF Author: Carol Corrado
Publisher: University of Chicago Press
ISBN: 0226116174
Category : Business & Economics
Languages : en
Pages : 602

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Book Description
As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.

The Theory of Capital

The Theory of Capital PDF Author: D C Hagued
Publisher: Springer
ISBN: 1349084522
Category : Business & Economics
Languages : en
Pages : 419

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Book Description


Understanding and Measuring Social Capital

Understanding and Measuring Social Capital PDF Author: Christiaan Grootaert
Publisher: World Bank Publications
ISBN: 9780821350683
Category : Social Science
Languages : en
Pages : 320

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Book Description
This work details various methods of gauging social capital and provides illustrative case studies from Mali and India. It also offers a measuring instrument, the Social Capital Assessment Tool, that combines quantitative and qualitative approaches.

Value and Profit

Value and Profit PDF Author: Geoffrey Whittington
Publisher: Cambridge University Press
ISBN: 1108508464
Category : Business & Economics
Languages : en
Pages : 367

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Book Description
The measurement methods used in financial accounting affect our perception of the value and performance of businesses by determining the amount of reported profit or loss and the resources of the business. Thus, measurement affects shareholders and other stakeholders in the business. It has even been suggested that the world financial crisis of 2007–2010 was partly due to the mis-measurement of financial instruments. In this book, Geoffrey Whittington provides a unique survey of the theory and practice of measurement in financial accounts. It seeks to define and illustrate alternative methods, using simple numerical examples, and to analyse their theoretical properties. Also, it summarises extensive empirical evidence and the historical development of ideas and practice. It is essential reading for advanced undergraduate and postgraduate students studying financial accounting, as well as practitioners and policy-makers concerned with accounting standards.