@techreport{NBERw8722,
 title = "Measuring Organization Capital",
 author = "Andrew Atkeson and Patrick J. Kehoe",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "8722",
 year = "2002",
 month = "January",
 URL = "http://www.nber.org/papers/w8722",
 abstract = {In the manufacturing sector of the U.S. economy, nearly 9% of output is not accounted for as payments to either physical capital or labor. The value of this output is a little larger than the value of the stock of physical capital. We build a model to measure how much of this output can be attributed to payments to organization capital-organization-specific knowledge that is built up with experience. We find that roughly 4% of output can be accounted for as payments to organization capital and that this capital has roughly two-thirds the value of the stock of physical capital.},
}