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CAPITAL SERVICES

Statistics Directorate    
French Equivalent: Services tirés du capital

Definition:
Capital services refer to the flow of productive services provided by an asset that is employed in production. Capital services reflect a (physical) quantity, not to be confused with the value, or price concept of capital. Capital services are the appropriate measure of capital input in production analysis.

Context:
Capital services are the productive inputs, per period, that flow to production from a capital asset. The value of capital services is the quantity of services provided by the asset multiplied by the price of those services. (Measuring Capital: OECD Manual, Annex 1 Glossary of Technical Terms Used in the Manual, OECD, 2001).

Source Publication:
OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary.

Hyperlink:
http://www.oecd.org/dataoecd/59/29/2352458.pdf

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Thursday, April 04, 2013