Institution

OECD

Year

2001

Level

Intermediate to advanced

Abstract

Capital statistics are an important component of the national accounts. In recognition of this, the Manual takes the 1993 System of National Accounts (SNA) as its starting point. The SNA framework and SNA concepts are used throughout the Manual and the statistics compiled in accordance with the practices described in the Manual can be used directly in the compilation of the national accounts. Another important feature of the Manual is its emphasis on consistency between the various measures of capital. In particular, it is important that the national accounts measures of capital are consistent with those used in productivity analysis. Through the Manual’s discussion of this issue, it provides an important link between the SNA and productivity statistics. The theory and measurement of productivity statistics is described in detail in the OECD Manual on Productivity Measurement: a Guide to the Measurement of Industry-Level and Aggregate Productivity Growth. The two manuals are complementary.