1993 SNA Update Information - Government owned assets |
Issue description | Issue description in [English] | [French] | [Russian] | [Spanish] | When summing costs to measure non-market output, the 1993 SNA recommends that the value of the
services provided by a producer’s own non-financial assets should be measured as consumption of fixed
capital. This means that neither a return on capital to these assets nor, equivalently, an opportunity cost
of capital is recognized. This leads to an inconsistency with the rental that would have to be paid if the
assets were rented. Should the SNA recommendation be changed and the cost of consumption of fixed
capital be replaced with capital services (consumption of fixed capital, expected holding gains/ losses
and the capital or interest costs)? |
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Corresponding papers (Click on icon to see document in either pdf or word format) | AEG papers: | Posted on 1/3/2006 | | | Government and other non-market producers’ owned assets — cost of capital services | | Posted on 8/15/2005 | | | Result of Global Consultation on Government and Other Non-Market Producers’ Owned Assets – Cost of Using Capital | | Posted on 8/15/2005 | | | Government and other non-market producers’ owned assets – cost of using capital | | Posted on 12/22/2004 | | | Measuring the contribution of non-financial assets to non-market production | | AEG summaries: | Posted on 4/7/2006 | | | Non-market producers’ owned assets - Cost of capital services | | Posted on 9/30/2005 | | | Government and non-market producers: cost of capital of own assets | | Posted on 1/10/2005 | | | Government owned assets – cost of capital services |
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Statistics | Number of AEG recommendations: | 3 | Number of country comments: | 127 | Number of expert comments: | 1 |
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