Intangible Capital and Economic Growth

Intangible Capital and Economic Growth | NBER

The rate of change of output per worker increases more rapidly when intangibles are counted as capital, and capital deepening becomes the ...

Intangible Capital and Economic Growth - Federal Reserve Board

KEYWORDS: Economic growth, investment, intangibles, capital, productivity, economic measurement. Carol A. Corrado. Charles R. Hulten. Division of Research and ...

INTANGIBLE CAPITAL AND U.S. ECONOMIC GROWTH by Carol ...

INTANGIBLE CAPITAL AND U.S. ECONOMIC GROWTH by Carol Corrado*. The Conference Board, New York. Charles Hulten. University of Maryland and NBER and. Daniel ...

Intangible Capital and Economic Growth | NBER

Intangible Capital and Economic Growth ... The capitalization of software alone has had an appreciable affect on the measured growth of output per worker in the ...

Intangible Capital And U.S. Economic Growth - IDEAS/RePEc

The rate of change of output per worker increases more rapidly when intangibles are counted as capital, and capital deepening becomes the unambiguously dominant ...

INTANGIBLE CAPITAL AND U.S. ECONOMIC GROWTH - 2009

Published macroeconomic data traditionally exclude most intangible investment from measured GDP. This situation is beginning to change, ...

Intangible Capital and Modern Economies

We present estimates of productivity in the US and European economies in recent decades including intangibles and discuss why, despite relatively rapid growth ...

Intangible Capital and Growth - SpringerLink

It is now widely recognized that intangible capital has been a crucial element in the growth performance of these economies and their firms. The term serves as ...

Intangible Capital and U.S. Economic Growth

Published macroeconomic data traditionally exclude most intangible investment from measured GDP. This situation is beginning to change, ...

New WIPO Data Show Intangible Asset Investment Growing Fast ...

Despite disruptive global crises and rising interest rates, aggregate intangible investment touched US$6.9 trillion in 2023, more than doubling ...

The Fed - Intangible Capital and Economic Growth

The rate of change of output per worker increases more rapidly when intangibles are counted as capital, and capital deepening becomes the ...

Getting tangible about intangibles: The future of growth ... - McKinsey

Over the past 25 years, the United States and ten European economies achieved 63 percent growth in gross value added (GVA). During this period, ...

Intangible Capital and Economic Growth

Published macroeconomic data traditionally exclude most intangible investment from measured GDP. This situation is beginning to change, ...

The Economics of Intangible Capital

Intangible assets are a large and growing part of firms' capital stocks. Intangibles are accumulated via investment--foregoing consumption today for output in ...

The Economics of Intangible Capital - Kellogg School of Management

First, intangible assets grew much faster than tangible assets throughout the 1990s and early 2000s. Second, the faster growth in intangibles appears to have ...

Intangible Capital and Growth in Advanced Economies

Such expenditures—collectively called intangibles—are strategic investments in the long-run growth of individual companies and of the economy as a whole. They ...

Measuring intangible capital and its contribution to economic growth ...

Catching-up countries such as the Czech Republic, Greece and. Slovakia show much larger contributions from tangible capital deepening than from intangibles, and.

Does intangible capital affect economic growth?

In addition, intangible capital is able to explain a significant portion of the unexplained international variance in labour productivity growth and when ...

Intangible Capital and U.S. Economic Growth - econ.umd.edu

This situation is beginning to change, but our estimates suggest that as much as $800 billion is still excluded from U.S. published data (as of 2003), and that ...

Data, Intangible Capital, and Productivity

Economic growth has slowed globally, and business productivity performance has been subpar. Though the ease with which business users can deploy modern digital ...