Measuring capital in the new economy
By: edited by Carol Corrado, John Haltiwanger, and Daniel Sichel.
Contributors: Corrado, Carol.; Haltiwanger, John C.; Sichel, Daniel E.; Conference on Research in Income and Wealth.
Series: Studies in income and wealth -- v. 65
Publisher: University of Chicago Press
Published: 2005
Place of publication: Chicago
Language: eng
Number of pages: 591
Subjects: Capital -- Statistical methods; Capital investments -- Statistical methods; Capital productivity -- Statistical methods
Description: "In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of 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, these resources affect the economy in ways that are controversial and notoriously difficult to appraise." "In this detailed analysis of the problem and its solutions, the contributors study the nature of this economic challenge 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."--BOOK JACKET
Notes: Papers and discussions presented at the  Conference on Research in Income and Wealth entitled "Measuring Capital in the New Economy,"  held at the Federal Reserve Board in Washington, D.C., on Apr. 26-27, 2002.

Includes bibliographical references and indexes.
Table of contents: title: Measuring capital and technology -- Carol Corrado ... [et al.]; title: New approach to the valuation of intangible capital -- Jason G. Cummins; title: Valuation of organization capital -- Baruch Lev and Suresh Radhakrishnan; title: Intangible risk -- Lars Peter Hansen, John C. Heaton, and Nan Li; title: Relation among human capital productivity, and market value: building up from micro evidence -- John M. Abowd ... [et al.]; title: Measuring organizational capital in the new economy -- Sandra E. Black and Lisa M. Lynch; title: Pharmaceutical knowledge-capital accumulation and longevity -- Frank R. Lichtenberg; title: R&D in the national income and product accounts -- Barbara M. Fraumeni and Sumiye Okubo; title: Communications equipment -- Mark Doms; title: Information-processing equipment and software in the national accounts -- Bruce T. Grimm ... [et al.]; title: Growth of U.S. industries and investments in information technology and higher education -- Dale W. Jorgenson ... [et al.]; title: Issues in the measurement of capital services, depreciation, asset price changes, and interest rates; title: W. Erwin Diewert.