Description

Book Synopsis
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 allcapital 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 Volume 45 NBER

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    A Hardback by Dan Usher

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      Publisher: University of Chicago Press
      Publication Date: Publication Date: 3/1/1980 12:00:00 AM
      ISBN13: 9780226843001, 978-0226843001
      ISBN10: 0226843009
      Also in:
      Econometrics and economic statistics

      Description

      Book Synopsis
      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 allcapital 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.

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