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Intangible Capital and Measured Productivity

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NBER2017-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23233
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Because firms invest heavily in R&D, software, brands, and other intangible assetsat a rate close to that of tangible assetschanges in measured GDP, which does not include all intangible investments, understate the actual changes in total output. If changes in the labor input are more precisely
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2017-03-01
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