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Intangible assets and national income accounting

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  • Leonard I. Nakamura

Abstract

In this paper I focus on three related and difficult areas of the measurement of national income. I argue that the economic theory underlying measurement of these items is currently controversial and incomplete.

Suggested Citation

  • Leonard I. Nakamura, 2008. "Intangible assets and national income accounting," Working Papers 08-23, Federal Reserve Bank of Philadelphia.
    • Handle: RePEc:fip:fedpwp:08-23
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    Cited by:

    1. Ellen R. McGrattan & Edward C. Prescott, 2017. "On financing retirement with an aging population," Quantitative Economics, Econometric Society, vol. 8(1), pages 75-115, March.
    2. Georgescu, George, 2016. "The Gross Domestic Product. History, relevance and limitations in its interpretation," MPRA Paper 73644, University Library of Munich, Germany.
    3. Chen, Wen & Niebel, Thomas & Saam, Marianne, 2014. "Are intangibles more productive in ICT-intensive industries? Evidence from EU countries," ZEW Discussion Papers 14-070, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    4. Robert J. Hill & Alice O. Nakamura, 2010. "Improving Inflation And Related Performance Measures For Nations: An Introduction," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 1-10, June.
    5. Felix Roth & Anna-Elisabeth Thum, 2013. "Intangible Capital and Labor Productivity Growth: Panel Evidence for the EU from 1998–2005," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59(3), pages 486-508, September.
    6. Clausen, Saskia & Hirth, Stefan, 2016. "Measuring the value of intangibles," Journal of Corporate Finance, Elsevier, vol. 40(C), pages 110-127.
    7. Georgescu, George, 2016. "Produsul intern brut. Istorie, relevanţă şi limitări în interpretare
      [The Gross Domestic Product. History, relevance and limitations in its interpretation]      ," MPRA Paper 72491, University Library of Munich, Germany.

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    Keywords

    National income;

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