Measuring Capital in the New Economy (Hardcover, New)

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 like organizational capital and research and development investment? Are we accurately appraising the contribution and depreciation of 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.
In" Measuring Capital in the New Economy," Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished 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. The challenge in measuring intangibles and the need for transparency in business accounting create inevitable tensions. At the heart of many of the recent corporate scandals has been an uncertainty about the treatment of intangibles in business accounts. In this detailed and thorough 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.

General

Imprint:	University of Chicago Press
Country of origin:	United States
Series:	National Bureau of Economic Research Studies in Income and Wealth
Release date:	October 2005
First published:	October 2005
Editors:	Carol Corrado • John Haltwanger • Daniel E. Sichel
Dimensions:	229 x 166 x 39mm (L x W x T)
Format:	Hardcover
Pages:	552
Edition:	New
ISBN-13:	978-0-226-11612-9
Categories:	Books > Computing & IT > Social & legal aspects of computing > Impact of computing & IT on society Books > Business & Economics > Finance & accounting > Finance > Corporate finance Books > Business & Economics > Business & management > Management of specific areas > Budgeting & financial management Books > Money & Finance > Corporate finance Promotions
LSN:	0-226-11612-3
Barcode:	9780226116129

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