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| French
Equivalent: Services tirés du capital |
| Definition: |
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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.
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| Context: |
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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).
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Publication: |
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OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary.
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| Statistical
Theme: National accounts |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Thursday, April 4, 2013 |
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