LEADER 04806nam 22007454a 450 001 9910454444603321 005 20200520144314.0 010 $a1-282-00481-6 010 $a9786612004810 010 $a0-226-11617-4 024 7 $a10.7208/9780226116174 035 $a(CKB)1000000000722570 035 $a(EBL)432153 035 $a(OCoLC)313200847 035 $a(SSID)ssj0000199957 035 $a(PQKBManifestationID)11168451 035 $a(PQKBTitleCode)TC0000199957 035 $a(PQKBWorkID)10197317 035 $a(PQKB)11649639 035 $a(StDuBDS)EDZ0000115679 035 $a(MiAaPQ)EBC432153 035 $a(DE-B1597)523230 035 $a(OCoLC)781292597 035 $a(DE-B1597)9780226116174 035 $a(Au-PeEL)EBL432153 035 $a(CaPaEBR)ebr10275470 035 $a(CaONFJC)MIL200481 035 $a(EXLCZ)991000000000722570 100 $a20050413d2005 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aMeasuring capital in the new economy$b[electronic resource] /$fedited by Carol Corrado, John Haltiwanger, and Daniel Sichel 210 $aChicago $cUniversity of Chicago Press$dc2005 215 $a1 online resource (602 p.) 225 1 $aStudies in income and wealth ;$vv. 65 300 $aPapers presented at a conference at the Federal Reserve Board in Washington, D.C, held in Apr. 2002 by the Conference on Research in Income and Wealth of the National Bureau of Economic Research. 311 $a0-226-11612-3 320 $aIncludes bibliographical references and indexes. 327 $tFrontmatter -- $tContents -- $tPreface -- $tIntroduction -- $t1. Measuring Capital and Technology: An Expanded Framework -- $t2. A New Approach to the Valuation of Intangible Capital -- $t3. The Valuation of Organization Capital -- $t4. Intangible Risk -- $t5. The Relation among Human Capital, Productivity, and Market Value: Building Up from Micro Evidence -- $t6. Measuring Organizational Capital in the New Economy -- $t7. Pharmaceutical Knowledge-Capital Accumulation and Longevity -- $t8. R&D in the National Income and Product Accounts: A First Look at Its Effect on GDP -- $t9. Communications Equipment: What Has Happened to Prices? -- $t10. Information-Processing Equipment and Software in the National Accounts -- $t11. Growth of U.S. Industries and Investments in Information Technology and Higher Education -- $t12. Issues in the Measurement of Capital Services, Depreciation, Asset Price Changes, and Interest Rates -- $tRemarks -- $tContributors -- $tAuthor Index -- $tSubject Index 330 $aAs the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike. 410 0$aStudies in income and wealth ;$vv. 65. 606 $aCapital$xStatistical methods 606 $aCapital investments$xStatistical methods 606 $aCapital productivity$xStatistical methods 608 $aElectronic books. 615 0$aCapital$xStatistical methods. 615 0$aCapital investments$xStatistical methods. 615 0$aCapital productivity$xStatistical methods. 676 $a330 s 676 $a332/.041/015195 686 $aQP 770$2rvk 701 $aCorrado$b Carol$0896945 701 $aHaltiwanger$b John C$0140766 701 $aSichel$b Daniel E$0896946 712 02$aConference on Research in Income and Wealth. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910454444603321 996 $aMeasuring capital in the new economy$92004168 997 $aUNINA