The Measurement of Capital: Volume 45 (National Bureau of Economic Research Studies in Income and Wealth) - Hardcover

Usher

Hardcover

ISBN 10: 0226843009 ISBN 13: 9780226843001

Publisher: University of Chicago Press, 1980

Synopsis

How is real capital measured by government statistical agencies? How could this measure be improved to correspond more closely to an economist's ideal measure of capital in economic analysis and prediction? It is possible to construct a single, reliable time series for all capital goods, regardless of differences in vintage, technological complexity, and rates of depreciation? These questions represent the common themes of this collection of papers, originally presented at a 1976 meeting of the Conference on Income and Wealth.

About this title

About the Author

Dan Usher teaches in the Department of Economics at Queen's University, Kingston, Ontario. He is the author of The Price Mechanism and Meaning of National Income Statistics and The Measurement of Economic Growth.

From the Back Cover

The first paper in the volume is an analytical survey of the methods used to construct the official time series of the real capital of the United States. Subsequent essays consider how the statistical procedure might be revised.

Edition details

• Publisher: University of Chicago Press
• Publication date: 1980
• Language: English
• ISBN 10: 0226843009
• ISBN 13: 9780226843001
• Binding: Hardcover
• Number of pages: 568