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The Measurement of Capital

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  • Usher, Dan

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Abstract

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.

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Bibliographic Info

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This book is provided by University of Chicago Press in its series National Bureau of Economic Research Books with number 9780226843001 and published in 1980.

Edition: 0
ISBN: 9780226843001
Order: http://press.uchicago.edu/ucp/books/book/isbn/9780226843001.html
Handle: RePEc:ucp:bknber:9780226843001

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Cited by:
  1. Erwin Diewert, 2009. "The aggregation of capital over vintages in a model of embodied technical progress," Journal of Productivity Analysis, Springer, Springer, vol. 32(1), pages 1-19, August.
  2. W. Erwin Diewert, 2001. "Which (Old) Ideas on Productivity Measurement Are Ready to Use?," NBER Chapters, in: New Developments in Productivity Analysis, pages 85-102 National Bureau of Economic Research, Inc.
  3. W. Erwin Diewert, 2012. "Rejoinder to Gu on "Estimating Capital Input for Measuring Business Sector Multifactor Productivity Growth in Canada"," International Productivity Monitor, Centre for the Study of Living Standards, Centre for the Study of Living Standards, vol. 24, pages 63-72, Fall.
  4. Diewert, Erwin & Fixler, Dennis & Zieschang, Kimberly, 2012. "Problems with the Measurement of Banking Services in a National Accounting Framework," Economics working papers, Vancouver School of Economics erwin_diewert-2012-14, Vancouver School of Economics, revised 04 Apr 2012.
  5. W. Erwin Diewert, 1995. "Price and Volume Measures in the System of National Accounts," NBER Working Papers 5103, National Bureau of Economic Research, Inc.
  6. Erwin W. Diewert, 2010. "User Costs versus Waiting Services and Depreciation in a Model of Production," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 230(6), pages 759-771, December.
  7. W. Erwin Diewert, 2003. "Measuring Capital," NBER Working Papers 9526, National Bureau of Economic Research, Inc.
  8. W. Erwin Diewert & Ann Marie Smith, 1994. "Productivity Measurement for a Distribution Firm," NBER Working Papers 4812, National Bureau of Economic Research, Inc.
  9. Masao Nakamura & Alice O. Nakamura & Peter Tiessen & W. Erwin Diewert, 2003. "Information failure as an alternative explanation of under investment in R&D," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 24(2-3), pages 231-239.

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