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Accounting for Obsolescence: An Evaluation of Current NIPA Practice

Author

Listed:
  • Arnold J. Katz

    (Bureau of Economic Analysis)

Abstract

This work raises questions about what obsolescence is and whether it is properly accounted for in BEA's methodology

Suggested Citation

  • Arnold J. Katz, 2008. "Accounting for Obsolescence: An Evaluation of Current NIPA Practice," BEA Papers 0089, Bureau of Economic Analysis.
    • Handle: RePEc:bea:papers:0089
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    File URL: https://www.bea.gov/system/files/papers/WP2008-5.pdf
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    References listed on IDEAS

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    1. Martin Neil Baily, 1981. "Productivity and the Services of Capital and Labor," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 12(1), pages 1-66.
    2. Dale W. Jorgenson, 2009. "A New Architecture For The U.S. National Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 55(1), pages 1-42, March.
    3. Usher, Dan (ed.), 1980. "The Measurement of Capital," National Bureau of Economic Research Books, University of Chicago Press, number 9780226843001, November.
    4. R. E. Hall, 1968. "Technical Change and Capital from the Point of View of the Dual," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(1), pages 35-46.
    5. Laurits R. Christensen & Dale Jorgenson, 1973. "Measuring Economic Performance in the Private Sector," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 233-351, National Bureau of Economic Research, Inc.
    6. Milton Moss, 1973. "The Measurement of Economic and Social Performance," NBER Books, National Bureau of Economic Research, Inc, number moss73-1, July.
    7. Dan Usher, 1980. "The Measurement of Capital," NBER Books, National Bureau of Economic Research, Inc, number ushe80-1, July.
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    Cited by:

    1. Ana Rincon-Aznar & Rebecca Riley & Garry Young, 2017. "Academic Review of Asset Lives in the UK," National Institute of Economic and Social Research (NIESR) Discussion Papers 474, National Institute of Economic and Social Research.

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    More about this item

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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