Measuring Capital - OECD Manual 2009

Second edition

image of Measuring Capital - OECD Manual 2009

Capital - in particular of the physical sort - plays several roles in economic life: it constitutes wealth and it it provides services in production processes. 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. This revised Capital Manual is a comprehensive guide to the approaches toward capital measurement. It gives statisticians, researchers and analysts practical advice while providing theoretical background and an overview of the relevant literature. The manual comes in three parts - a first part with a non-technical description with the main concepts and steps involved in measuring capital; a second part directed at implementation and a third part outlining theory and a more complete mathematical formulation of the measurement process.

English Spanish, Korean, French



Welcome to the revised OECD Manual Measuring Capital. This Manual should be of benefit to both producers and users of capital statistics.

The publication of the original Measuring Capital Manual in 2001 was a significant development in the statistical measurement of a vitally important component of economic activity. Capital plays a fundamental role in the process of production and it is a significant component of wealth and source of income. It is vital that both stock and flow aspects of capital are well measured in order to support the development and monitoring of economic policy, as well as economic analysis more generally. This revised edition of Measuring Capital builds on the original version, by taking account of new developments in capital measurement and ensuring consistency with the revised System of National Accounts – the 2008 SNA.

English French, Spanish

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