Measuring Capital in the New Economy

Carol Corrado, John Haltwanger, Daniel E. Sichel (Herausgeber)

Buch | Hardcover

552 Seiten

2005
University of Chicago Press (Verlag)
978-0-226-11612-9 (ISBN)

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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.

Carol Corrado is the chief of the Industrial Output Section in the Division of Research and Statistics at the Federal Reserve Board. John Haltiwanger is professor of economics at the University of Maryland and a research associate of the National Bureau of Economic Research. Daniel Sichel is an assistant director in the Division of Research and Statistics at the Federal Reserve Board.

Erscheint lt. Verlag	4.10.2005
Reihe/Serie	National Bureau of Economic Research Studies in Income and Wealth
Zusatzinfo	135 tables, 55line drawings
Sprache	englisch
Maße	166 x 229 mm
Gewicht	918 g
Themenwelt	Mathematik / Informatik ► Informatik
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
ISBN-10	0-226-11612-3 / 0226116123
ISBN-13	978-0-226-11612-9 / 9780226116129
Zustand	Neuware