It provides theoretical background and an overview of the relevant literature. The manual comes in three parts a first part with a nontechnical description with the main concepts and steps involved in measuring capital. The second measure productive capital stock allows the measurement of the. Capital in particular of the physical sort plays several roles in economic life. Measuring capital stock in the new zealand economy 4th edition. Measuring capital oecd manual second edition 2009 edition. Measuring capital oecd manual 2009 second edition en.
Oecd home economymeasuring capital oecd manual 2009 second edition. Measuring capital oecd manual second edition capital in particular of the physical sort plays several roles in economic life. Measuring capital oecd manual 2009 measuring capital oecd manual 2009 second edition capital in particular of the physical sort plays several roles in economic life. Oecd, 2009, measuring capital oecd manual, second edition, oecd publishing. Capital is invested, disinvested and it depreciates and becomes obsolescent and there is a. A model to estimate macroeconomic parameters for growth in. A collection of indicators, 2009 edition article in ssrn electronic journal november 2010 with 158 reads how we measure reads. Capital is invested, disinvested and it depreciates and becomes obsolescent and there is a question how to measure all these dimensions. The gross capital stock is calculated by cumulating annual gross fixed. Capital is invested, disinvested and it depreciates and becomes obsolescent and there is a question how to measure all these dimensions of capital in industry and national accounts. Oecd ilibrary the perpetual inventory method overview.
This revised capital manual is a comprehensive guide. Eurostatoecd survey on national practices in estimating net stock. Full text of oecd handbook on measuring the space economy. Organisation for economic cooperation and development. Although for developed countries already there are methods to estimate stock of capital by considering certain hypothesis about its depreciation, some problems still persist oecd, 2001 and oecd, 2009. Edition 2009 organisation for economic cooperation and development, oecd on. The most widely used approach in the empirical literature belongs to the second. Full text of oecd handbook on measuring the space economy see other formats. The measurement of stocks and flows of intellectual property iariw. The oecd productivity manual is the first comprehensive guide to the various productivity. Oecd, 2001a, which statistics nz had early access to, and also the similar. The oecd manual on measurement of capital stocks, consumption of fixed.
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