Technological change in the system of national accounts - the effect of new capitalization rules
The increasing role of technological advancement in a nation’s economic performance is also reflected in the recent changes to the System of National Accounts. As a result of the 2008 modifications in this macroeconomic accounting system, the expenses of research and development (R&D) are accoun...
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| Dokumentumtípus: | Könyv része |
| Megjelent: |
Faculty of Economics and Business Administration Doctoral School in Economics
Szeged
2020
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| Sorozat: | Proceedings of the Central European PhD Workshop on Technological Change and Development
4 |
| Kulcsszavak: | Innováció - számviteli rendszer |
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| Online Access: | http://acta.bibl.u-szeged.hu/77658 |
| Tartalmi kivonat: | The increasing role of technological advancement in a nation’s economic performance is also reflected in the recent changes to the System of National Accounts. As a result of the 2008 modifications in this macroeconomic accounting system, the expenses of research and development (R&D) are accounted as accumulation of capital and capitalized on the balance sheets. In the present research paper, I compare the strength of detectable relationships between the growth in economic performance and the different measurements of R&D at the level of nation economies. R&D is taken as stock type data from newly available statistics on the one hand and computed from flow type data on the other. The computation methods are tested with a regression using data from 2009 to 2017 for 15 European countries. The analysis may highlight not only the importance of technology, but also reveal information on the accounting treatment of R&D expense. |
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| Terjedelem/Fizikai jellemzők: | 131-161 |
| ISBN: | 978-963-306-741-3 |