Measuring organization capital:

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 attribute...

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Hauptverfasser: Atkeson, Andrew 1961- (VerfasserIn), Kehoe, Patrick J. (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Cambridge, MA National Bureau of Economic Research 2002
Schriftenreihe:NBER working paper series 8722
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Zusammenfassung: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.
Beschreibung:29 S. graph. Darst.

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