Long abstract
OECD Manual on Measuring Capital: Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services
In 1995 the United Nations Statistical Commission requested a study into critical problems in economic statistics. The study identified many problems related to the measurement of capital stocks. Measuring Capital: A Manual on the Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services is an important initiative to overcome these problems. It is aimed at compilers in all countries, both developed and developing. While focusing mainly on compilation issues, the Manual also clarifies the conceptual issues associated with capital measurement. It is important that compilers of any statistic have a sound understanding of that statistic's conceptual base. This is particularly important though in the case capital statistics, which are more complex than most. The Manual should also be useful to users of capital stock and related statistics, by providing information on the way that the statistics are put together. |
Focus
The aim of the Handbook is to identify and promote best practice for measurement of the non-observed economy that is consistent with international standards. Measuring the Non-Observed Economy - A Handbook
"Measuring Capital-OECD Manual, Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services" serves to clarify the conceptual issues concerning stocks and flows of fixed capital and provides practical guidelines for estimation. Measuring Capital-OECD Manual |