1993 SNA Update Information - Cost of capital services: production account |
Issue description | Issue description in [English] | [French] | [Russian] | [Spanish] | Capital services provided by non-financial assets to the production process are not explicitly
defined by the 1993 SNA. The OECD manual Measuring Capital defines capital inputs as the actual or estimated pure economic rent payable; that is, by the sum of consumption of fixed capital, expected holding gains/losses and the capital, or interest, costs. The rental, paid by the user of a rented non-financial asset to the owner, covers both the costs incurred by the owner in providing the service and the capital services rendered by the asset to the owner. For nonfinancial assets used by the owner, capital services appear implicitly as part of the gross operating surplus. How should the concept of capital services be articulated in the SNA? |
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Corresponding papers (Click on icon to see document in either pdf or word format) | AEG papers: | Posted on 8/15/2005 | | | Cost of capital services and the national accounts | | Posted on 12/22/2004 | | | Introducing capital services into the production account | | AEG summaries: | Posted on 9/30/2005 | | | Cost of capital services |
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Statistics | Number of AEG recommendations: | 1 | Number of country comments: | 48 | Number of expert comments: | none |
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