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New measures of UK private sector software investment

Author

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  • Graeme Chamberlin

    (Office for National Statistics)

  • Tony Clayton

    (Office for National Statistics)

  • Shikeb Farooqui

    (Office for National Statistics)

Abstract

Updates previous ONS work to improve estimates of the above, including application of OECD software taskforce methodology.This article updates previous work undertaken by the Office for National Statistics to improve estimates of software investment in the UK. The methodology recommended by the 2002 OECD Software Taskforce has been applied to produce new measures of own-account software investment. These results are presently being considered as part of the revisions process for Blue Book 2007. New work on measuring purchased software investment from firm-level microdata sources generates estimates closer to those published in the National Accounts.Economic & Labour Market Review (2007) 1, 17–28; doi:10.1057/palgrave.elmr.1410072

Suggested Citation

  • Graeme Chamberlin & Tony Clayton & Shikeb Farooqui, 2007. "New measures of UK private sector software investment," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 1(5), pages 17-28, May.
    • Handle: RePEc:pal:ecolmr:v:1:y:2007:i:5:p:17-28
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    Citations

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    Cited by:

    1. Peter Goodridge & Jonathan Haskel, 2023. "Accounting for the slowdown in UK innovation and productivity," Economica, London School of Economics and Political Science, vol. 90(359), pages 780-812, July.
    2. Peter Goodridge & Jonathan Haskel & Gavin Wallis, 2017. "Spillovers from R&D and Other Intangible Investment: Evidence from UK Industries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63, pages 22-48, February.
    3. Bill Martin, 2020. "Resurrecting the UK Corporate Sector Accounts," Working Papers wp519, Centre for Business Research, University of Cambridge.
    4. Gavin Wallis, 2009. "Capital Services Growth in the UK: 1950 to 2006," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 71(6), pages 799-819, December.
    5. Haskel, J & Goodridge, P & Wallis, G, 2014. "Estimating UK investment in intangible assets and Intellectual Property Rights," Working Papers 13168, Imperial College, London, Imperial College Business School.
    6. Josh Martin, 2022. "Methodological Developments for the Estimation of Own-account Software Investment in the UK," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2022-25, Economic Statistics Centre of Excellence (ESCoE).
    7. Haskel, J & Goodridge, P & Wallis, G, 2014. "UK investment in intangible assets: Report for NESTA," Working Papers 12846, Imperial College, London, Imperial College Business School.
    8. Haskel, J & Corrado, C & Jona-Lasinio, C & Iommi, M, 2013. "Innovation and intangible investment in Europe, Japan and the US," Working Papers 11139, Imperial College, London, Imperial College Business School.
    9. Goodridge, PR, 2014. "Film, television & radio, books, music and art: estimating UK investment in artistic originals," Working Papers 12918, Imperial College, London, Imperial College Business School.
    10. Geomina Turlea, 2011. "Tracking the Economic Value of Embedded Digital Technology: A Supply-side Methodology," JRC Research Reports JRC64287, Joint Research Centre.
    11. Kristof Van Criekingen & Carter Bloch & Carita Eklund, 2022. "Measuring intangible assets—A review of the state of the art," Journal of Economic Surveys, Wiley Blackwell, vol. 36(5), pages 1539-1558, December.
    12. King Carl Tornam Duho, 2022. "Intangibles, Intellectual Capital, and the Performance of Listed Non-Financial Services Firms in West Africa: A Cross-Country Analysis," Merits, MDPI, vol. 2(3), pages 1-25, June.
    13. Goodridge, PR & Haskel, J, 2015. "How much is UK business investing in big data?," Working Papers 25159, Imperial College, London, Imperial College Business School.

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