05423oam 22012854 450 991095753170332120250426110945.0978661284440997814623991471462399142978145270061814527006139781451873870145187387597812828444071282844407(CKB)3170000000055370(SSID)ssj0000939957(PQKBManifestationID)11479989(PQKBTitleCode)TC0000939957(PQKBWorkID)10947340(PQKB)11507512(OCoLC)694141004(MiAaPQ)EBC1605942(IMF)WPIEE2009240(IMF)WPIEA2009240WPIEA2009240(EXLCZ)99317000000005537020020129d2009 uf 0engurcn|||||||||txtccrTreating Intangible Inputs as Investment Goods : The Impact on Canadian GDP /Nazim Belhocine1st ed.Washington, D.C. :International Monetary Fund,2009.21 p. illIMF Working Papers"November 2009."9781451918045 1451918046 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.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.IMF Working Papers; Working Paper ;No. 2009/240Gross domestic productCanadaEconometric modelsLabor productivityCanadaEconometric modelsInvestmentsCanadaEconometric modelsCapacityimfCapitalimfComputer Programs: GeneralimfData capture & analysisimfData Collection and Data Estimation MethodologyimfData collectionimfData ProcessingimfData processingimfDatabasesimfEconomic statisticsimfElectronic data processingimfExpenditureimfExpenditures, PublicimfGeneral Aggregative Models: GeneralimfIntangible CapitalimfIntangible capitalimfInvestmentimfInvestments: GeneralimfMacroeconomicsimfNational accountsimfNational Government Expenditures and Related Policies: GeneralimfNational incomeimfPublic finance & taxationimfPublic FinanceimfSaving and investmentimfCanadaimfGross domestic productEconometric models.Labor productivityEconometric models.InvestmentsEconometric models.CapacityCapitalComputer Programs: GeneralData capture & analysisData Collection and Data Estimation MethodologyData collectionData ProcessingData processingDatabasesEconomic statisticsElectronic data processingExpenditureExpenditures, PublicGeneral Aggregative Models: GeneralIntangible CapitalIntangible capitalInvestmentInvestments: GeneralMacroeconomicsNational accountsNational Government Expenditures and Related Policies: GeneralNational incomePublic finance & taxationPublic FinanceSaving and investment338.192368Belhocine Nazim1087661International Monetary Fund.Western Hemisphere Dept.DcWaIMFBOOK9910957531703321Treating Intangible Inputs as Investment Goods4372905UNINA