1.

Record Nr.

UNINA9910967444703321

Titolo

The measurement of capital / / edited by Dan Usher

Pubbl/distr/stampa

Chicago, : University of Chicago Press, c1980

ISBN

9786611431143

9781281431141

1281431141

9780226843025

0226843025

Edizione

[1st ed.]

Descrizione fisica

1 online resource (570 pages) : illustrations

Collana

Studies in income and wealth ; ; v. 45

Altri autori (Persone)

UsherDan <1934->

Disciplina

330/.08 s

332/.041

Soggetti

Capital - United States

Capital - Statistical methods

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

Front matter -- Contents -- Prefatory Note -- Introduction -- 1 Estimation of Capital Stock in the United States -- 2 Economic Depreciation and the Taxation of Structures in United States Manufacturing Industries: An Empirical Analysis -- 3 Alternative Measures of Capital and Its Rate of Return in United States Manufacturing -- 4 New Books on the Measurement of Capital -- 5 Capital Gains and Income: Real Changes in the Value of Capital in the United States, 1946-77 -- 6 Measurement of Income and Product in the Oil and Gas Mining Industries -- 7 The Measurement of Capital Aggregates: A Postreswitching Problem -- 8 Aggregation Problems in the Measurement of Capital -- Contributors -- Author Index -- Subject Index

Sommario/riassunto

How is real capital measured by government statistical agencies? How could this measure be improved to correspond more closely to an economist's ideal measure of capital in economic analysis and prediction? It is possible to construct a single, reliable time series for all capital goods, regardless of differences in vintage, technological complexity, and rates of depreciation? These questions represent the



common themes of this collection of papers, originally presented at a 1976 meeting of the Conference on Income and Wealth.