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1993 SNA Update Information - Government owned assets

Issue description
Issue description in [English] | [French] | [Russian] | [Spanish]
When summing costs to measure non-market output, the 1993 SNA recommends that the value of the services provided by a producer’s own non-financial assets should be measured as consumption of fixed capital. This means that neither a return on capital to these assets nor, equivalently, an opportunity cost of capital is recognized. This leads to an inconsistency with the rental that would have to be paid if the assets were rented. Should the SNA recommendation be changed and the cost of consumption of fixed capital be replaced with capital services (consumption of fixed capital, expected holding gains/ losses and the capital or interest costs)?
Corresponding papers (Click on icon to see document in either pdf or word format)
AEG papers:Posted on 03/01/2006Click here to see pdf documentClick here to see word documentGovernment and other non-market producers’ owned assets — cost of capital services
 Posted on 15/08/2005Click here to see pdf documentClick here to see word documentResult of Global Consultation on Government and Other Non-Market Producers’ Owned Assets – Cost of Using Capital
 Posted on 15/08/2005Click here to see pdf documentClick here to see word documentGovernment and other non-market producers’ owned assets – cost of using capital
 Posted on 22/12/2004Click here to see pdf documentClick here to see word documentMeasuring the contribution of non-financial assets to non-market production
 
AEG summaries:Posted on 07/04/2006Click here to see pdf documentClick here to see word documentNon-market producers’ owned assets - Cost of capital services
 Posted on 30/09/2005Click here to see pdf documentClick here to see word documentGovernment and non-market producers: cost of capital of own assets
 Posted on 10/01/2005Click here to see pdf documentClick here to see word documentGovernment owned assets – cost of capital services
Statistics
Number of AEG recommendations:3
Number of country comments:127
Number of expert comments:1
Corresponding AEG Meetings
The issue was discussed at the following meetings:
December 2004, July 2005, Jan/Feb 2006
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