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Recognition of Business and Government Expenditures for Software as Investment: Methodology and Quantitative Impacts, 1959-98

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  • Robert P. Parker
  • Bruce T. Grimm

    (Bureau of Economic Analysis)

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    Abstract

    The comprehensive benchmark revision of the national income and product accounts (NIPA’s), released in October of last year, newly recognized business and government expenditures for computer software as investment. This paper describes the methodology for annual and quarterly estimates of software investment, consumption of fixed capital, and business incomes. This description is an expansion of the technical notes describing the methodology that appeared in the August and December issues of the Survey of Current Business. The paper also describes the effects on the NIPA’s and their tabular presentation, of recognizing software.

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    Bibliographic Info

    Paper provided by Bureau of Economic Analysis in its series BEA Papers with number 0002.

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    Date of creation: May 2000
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    Handle: RePEc:bea:papers:0002

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    Cited by:
    1. Rouchy, Philippe, 2011. "Swedish embedded software and vertically integrated industries: an appraisal," MPRA Paper 50504, University Library of Munich, Germany.
    2. Rudolfs Bems, 2008. "Aggregate Investment Expenditureson Tradable and Nontradable Goods," IMF Working Papers 08/45, International Monetary Fund.
    3. David Wasshausen & Brent R. Moulton, 2006. "The Role of Hedonic Methods in Measuring Real GDP in the United States," BEA Papers 0067, Bureau of Economic Analysis.
    4. Szalavetz, Andrea, 2007. "Műszaki fejlődés és tőkeintenzitás
      [Technological progress and capital intensity]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 184-198.

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