Treatment of International Research and Development as Investment Issues and Estimates

Treatment of International Research and Development as Investment Issues and Estimates

Free delivery worldwide

Available. Dispatched from the UK in 4 business days
When will my order arrive?

Not expected to be delivered to the United States by Christmas Not expected to be delivered to the United States by Christmas

Description

In recent years, the Bureau of Economic Analysis (BEA) has initiated a long-term effort to provide more extensive economic data and analysis about research and development (R&D) activity and its effects on the economy. A major part of this effort has been the development, in conjunction with the National Science Foundation (NSF), of the R&D satellite account (R&DSA), a project that examines the effects on BEA's economic accounts of capitalizing R&D, that is, treating the knowledge created by R&D as a long-lived, intangible asset that contributes to future production in much the same manner as physical (tangible) capital. Under such an approach, spending on R&D is treated as investment, rather than as an expense as is current practice in BEA's accounts. The R&DSA was first released last year. Revised and extended estimates-the 2007 R&DSA-have been released recently. This paper, although not wholly integrated with the central R&DSA work, is related to that work. Its purpose is to examine various international aspects of the R&DSA and, more generally, the effects of treating R&D as investment throughout BEA's international accounts. This paper and one on regional effects constitute 2007 R&DSA background papers.
show more

Out of ideas for the holidays?

Visit our Gift Guides and find our recommendations on what to get friends and family during the holiday season. Shop now .

Product details

  • Paperback | 82 pages
  • 216 x 279 x 4mm | 213g
  • English
  • Illustrations, black and white
  • 1503040526
  • 9781503040526

Looking for beautiful books?

Visit our Beautiful Books page and find lovely books for kids, photography lovers and more. Shop now .