Advanced Search
MyIDEAS: Login to save this article or follow this journal

Measurement of National Non-Visible Wealth through Intellectual Capital

Contents:

Author Info

  • Lopez Ruiz, Víctor Raul

    ()
    (Department of Applyed Economy – Econometrics, University of Castilla La Mancha – UCLM)

  • Nevado Pena, Domingo

    ()
    (Department of Financial Economics and Accounting, UCLM)

  • Alfaro Navarro, Jose Luis

    ()
    (Faculty of Economic and Business Sciences, UCLM)

  • Badea, Leonardo

    ()
    (Department of Accounting-Finance, Valahia University of Targoviste)

  • Grigorescu, Adriana

    ()
    (Faculty of Public Administration, National School of Political Studies and Public Administration, Bucharest)

  • Voinea, Liviu

    (Faculty of International Business , Academy of economic Studies, Bucharest)

Abstract

The economy of knowledge requires measures of national wealth that take into account aspects not contemplated by GDP, in order to portray the situation of a country more truthfully. In this paper, we use a new model to measure the intellectual capital of nations, adapted from microeconomics. It is based on the observation of hidden capital as implicit generator of long-term wealth, considering not only sustainability and social wellbeing, but also intangible assets such as human development, economic structure, international trade, foreign image and innovation. This empirical study reveals the importance of hidden capital in a nation’s wealth, making the difference where economic growth is concerned, as the most developed countries record the highest scores of efficiency in terms of intangible capital.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.ipe.ro/rjef/rjef3_11/rjef3_2011p200-212.pdf
Download Restriction: no

Bibliographic Info

Article provided by Institute for Economic Forecasting in its journal Romanian Journal for Economic Forecasting.

Volume (Year): (2011)
Issue (Month): 3 (September)
Pages: 200-212

as in new window
Handle: RePEc:rjr:romjef:v::y:2011:i:3:p:200-212

Contact details of provider:
Postal: Casa Academiei, Calea 13, Septembrie nr.13, sector 5, Bucureşti 761172
Phone: 004 021 3188148
Fax: 004 021 3188148
Email:
Web page: http://www.ipe.ro/
More information through EDIRC

Related research

Keywords: knowledge economy indicators; hidden wealth; intangibles; GDP;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. José-Luis Alfaro Navarro & Victor-Raúl López Ruiz & Domingo Nevado Peña, 2014. "Economic Growth and Intangible Capitals: Europe versus Asia," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 61(3), pages 261-274, June.
  2. José Luis Alfaro Navarro & Víctor Raúl López Ruiz & Domingo Nevado Pena, 2013. "A theoretical intellectual capital model applied to cities," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 15(34), pages 455-468, June.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:rjr:romjef:v::y:2011:i:3:p:200-212. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Corina Saman).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.