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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.

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  • 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. Marwil J. Dávila-Fernández & Lionello F. Punzo, 2018. "Some New Insights on Financialisation and Income Inequality," Department of Economics University of Siena 792, Department of Economics, University of Siena.
    3. Georgescu, George, 2016. "The Gross Domestic Product. History, relevance and limitations in its interpretation," MPRA Paper 73644, University Library of Munich, Germany.
    4. Farhi, Emmanuel & Gourio, Francois, 2018. "Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia," Working Paper Series WP-2018-19, Federal Reserve Bank of Chicago.
    5. repec:eee:reacre:v:30:y:2018:i:2:p:95-102 is not listed on IDEAS
    6. 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 - Leibniz Centre for European Economic Research.
    7. 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.
    8. 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.
    9. Clausen, Saskia & Hirth, Stefan, 2016. "Measuring the value of intangibles," Journal of Corporate Finance, Elsevier, vol. 40(C), pages 110-127.
    10. 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.
    11. Marwil J. Dávila-Fernández & Lionello F. Punzo, 2018. "A Multi-Sectoral Approach to Financialisation," Department of Economics University of Siena 794, Department of Economics, University of Siena.

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    National income;

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