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Measuring Capital in the New Economy - Chicago Scholarship Online
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Measuring Capital in the New Economy

Carol Corrado, John Haltiwanger, and Daniel Sichel


As 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. This book offers new approaches f ... More

Keywords: intangible assets, high-technology investments, high-technology capital, technological advancement, United States' economy, measuring capital, economists, policymakers, financial community, accounting community

Bibliographic Information

Print publication date: 2005 Print ISBN-13: 9780226116129
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226116174.001.0001


Affiliations are at time of print publication.

Carol Corrado, editor

John Haltiwanger, editor

Daniel Sichel, editor

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Carol Corrado, John Haltiwanger and Daniel Sichel

1 Measuring Capital and Technology: An Expanded Framework

Carol Corrado, Charles Hulten, and Daniel Sichel

3 The Valuation of Organization Capital

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4 Intangible Risk

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5 The Relation among Human Capital, Productivity, and Market Value

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6 Measuring Organizational Capital in the New Economy

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8 R&D in the National Income and Product Accounts

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10 Information-Processing Equipment and Software in the National Accounts

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