NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Measuring Capital in the New Economy



Measuring Capital in the New Economy
Carol Corrado, John Haltiwanger and Daniel Sichel, editors

The University of Chicago Press, 2005
Cloth: $99.00
552 pages
ISBN: 0-226-11612-3 (cloth)

Some chapters may have appeared as NBER Working Papers, which are preliminary versions of the published papers.

Table of Contents:

    Introduction
    Carol Corrado, John Haltiwanger and Daniel Sichel

    1. Measuring Capital and Technology: An Expanded Framework
    Carol Corrado, Charles Hulten and Daniel Sichel

      Comment: Edward C. Prescott

    2. A New Approach to the Valuation of Intangible Capital
    Jason G. Cummins

    3. The Valuation of Organization Capital
    Baruch Lev and Suresh Radhakrishnan

      Comment: Timothy F. Bresnahan

    4. Intangible Risk
    Lars Peter Hansen, John C. Heaton and Nan Li

      Comment: Susanto Basu

    5. The Relation among Human Capital, Productivity, and Market Value: Building Up from Micro Evidence
    John M. Abowd, John Haltiwanger, Ron Jarmin, Julia Lane, Paul Lengermann, Kristin McCue, Kevin McKinney, and Kristin Sandusky

      Comment: Katharine G. Abraham

    6. Measuring Organizational Capital in the New Economy
    Sandra E. Black and Lisa M. Lynch

      Comment: Kathryn Shaw

    7. Pharmaceutical Knowledge-Capital Accumulation and Longevity
    Frank R. Lichtenberg

      Comment: Eric J. Bartelsman

    8. R&D in the National Income and Product Accounts: A First Look at Its Effect on GDP
    Barbara M. Fraumeni and Sumiye Okubo

      Comment: Bronwyn H. Hall

    9. Communications Equipment: What Has Happened to Prices?
    Mark Doms

    10. Information-Processing Equipment and Software in the National Accounts
    Bruce T. Grimm, Brent R. Moulton, and David B. Wasshausen

      Comment: Barry Bosworth

    11. Growth of U.S. Industries and Investments in Information Technology and Higher Education
    Dale W. Jorgenson, Mun S. Ho, and Kevin J. Stiroh

      Comment: Michael J. Harper

    12. Issues in the Measurement of Capital Services, Depreciation, Asset Price Changes, and Interest Rates
    W. Erwin Diewert

      Comment: Frank C. Wykoff

    Remarks

      Robert E. Hall
      Baruch Lev
      Erik Brynjolfsson and Lorin Hitt

 
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