1.

Record Nr.

UNINA9910811772603321

Autore

Belhocine Nazim

Titolo

Treating Intangible Inputs as Investment Goods : : The Impact on Canadian GDP / / Nazim Belhocine

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

1-4623-9914-2

1-4527-0061-3

1-4518-7387-5

1-282-84440-7

9786612844409

Edizione

[1st ed.]

Descrizione fisica

21 p. : ill

Collana

IMF Working Papers

Disciplina

338.192368

Soggetti

Gross domestic product - Canada - Econometric models

Labor productivity - Canada - Econometric models

Investments - Canada - Econometric models

Investments: General

Macroeconomics

Public Finance

Data Processing

Databases

National Government Expenditures and Related Policies: General

General Aggregative Models: General

Data Collection and Data Estimation Methodology

Computer Programs: General

Investment

Capital

Intangible Capital

Capacity

Public finance & taxation

Data capture & analysis

Expenditure

National accounts

Data collection

Intangible capital

Data processing

Expenditures, Public

National income

Economic statistics



Saving and investment

Electronic data processing

Canada

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"November 2009."

Nota di contenuto

Intro -- Table of Contents -- I. Introduction -- II. National Accounts' Conventions and the Rationale Against it -- III. Data Collection Approach -- IV. Data Sources -- A. Computerized Information -- B. Innovative Property -- C. Economic Competencies -- V. Summary of Findings and Comparison with Other Countries -- A. Findings for Canada -- B. Comparison with the U.S. and the U.K -- VI. Impact of Including Intangibles on GDP -- VII. Conclusion -- References -- Tables -- 1. Decomposition of  Intangible Expenditures by Item -- 2. Comparison of Expenditures in Intangibles Across U.S., U.K. and Canada -- 3. Impact of Including Intangibles on Real GDP Growth -- Figures -- 1. Software Investment  (overall and by type) -- 2. Tangible Versus Intangible Investment.

Sommario/riassunto

This paper constructs a data set to document firms' expenditures on an identifiable list of intangible items and examines the implications of treating intangible spending as an acquisition of final (investment) goods on GDP growth for Canada. It finds that investment in intangible capital by 2002 is almost as large as the investment in physical capital. This result is in line with similar findings for the U.S. and the U.K. Furthermore, the growth in GDP and labor productivity may be underestimated by as much as 0.1 percentage point per year during this same period.