CEPII, Recherche et Expertise sur l'economie mondiale
Measuring Intangible Capital Investment: an Application to the 'French Data'

Vincent Delbecque
Laurence Nayman

 Highlights :

 Abstract :
Following Corrado, Hulten and Sichel (2005) this paper investigates French spending in intangible capital. In this work, we tackle two issues. First, working on national accounting data we sharply investigate the data sources, using detailed supply & use tables taken from the French national accounts. Second, referring to different fields in the economic literature, we deepen the analysis and the measurement methods that have been used recently in the empirical literature. We are then able to assess more accurately the items of interest. We estimate that French intangible GFCF could be valued for the whole economy between 8% and 9% of GDP in 2004 and between 6% and 7% for the business sector.

 Keywords : Intangible capital investment | National accounts | Methodology | Productivity | Growth

 JEL : E22, B40, C82, O47
CEPII Working Paper
N°2010-19, September 2010

Non Technical Summary

Full text

BibTeX (with abstract),
plain text (with abstract),
RIS (with abstract)

 Fields of expertise

Competitiveness & Growth