TY - BOOK ID - 11272278 TI - Treating Intangible Inputs as Investment Goods : The Impact on Canadian GDP AU - Belhocine, Nazim. AU - International Monetary Fund. PY - 2009 SN - 1451918046 9786612844409 1282844407 1451873875 1452700613 1462399142 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Business & Economics KW - Economic History KW - Gross domestic product KW - Labor productivity KW - Investments KW - Econometric models. KW - Investing KW - Investment management KW - Portfolio KW - Labor output KW - Productivity of labor KW - Domestic product, Gross KW - GDP KW - Finance KW - Disinvestment KW - Loans KW - Saving and investment KW - Speculation KW - Industrial productivity KW - Capital productivity KW - Hours of labor KW - Labor time KW - Productivity bargaining KW - Gross national product KW - Investments: General KW - Macroeconomics KW - Public Finance KW - Data Processing KW - Databases KW - National Government Expenditures and Related Policies: General KW - General Aggregative Models: General KW - Data Collection and Data Estimation Methodology KW - Computer Programs: General KW - Investment KW - Capital KW - Intangible Capital KW - Capacity KW - Public finance & taxation KW - Data capture & analysis KW - Expenditure KW - National accounts KW - Data collection KW - Intangible capital KW - Data processing KW - Expenditures, Public KW - National income KW - Economic statistics KW - Electronic data processing KW - Canada UR - https://www.unicat.be/uniCat?func=search&query=sysid:11272278 AB - This paper constructs a data set to document firms' expenditures on an identifiable list of intangible items and examines the implications of treating intangible spending as an acquisition of final (investment) goods on GDP growth for Canada. It finds that investment in intangible capital by 2002 is almost as large as the investment in physical capital. This result is in line with similar findings for the U.S. and the U.K. Furthermore, the growth in GDP and labor productivity may be underestimated by as much as 0.1 percentage point per year during this same period. ER -