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1993 SNA Update Information - Cost of capital services: production account

Issue description
Issue description in [English] | [French] | [Russian] | [Spanish]
Capital services provided by non-financial assets to the production process are not explicitly defined by the 1993 SNA. The OECD manual Measuring Capital defines capital inputs as the actual or estimated pure economic rent payable; that is, by the sum of consumption of fixed capital, expected holding gains/losses and the capital, or interest, costs. The rental, paid by the user of a rented non-financial asset to the owner, covers both the costs incurred by the owner in providing the service and the capital services rendered by the asset to the owner. For nonfinancial assets used by the owner, capital services appear implicitly as part of the gross operating surplus. How should the concept of capital services be articulated in the SNA?
Corresponding papers (Click on icon to see document in either pdf or word format)
AEG papers:Posted on 8/15/2005Click here to see pdf documentClick here to see word documentCost of capital services and the national accounts
 Posted on 12/22/2004Click here to see pdf documentClick here to see word documentIntroducing capital services into the production account
AEG summaries:Posted on 9/30/2005Click here to see pdf documentClick here to see word documentCost of capital services
Number of AEG recommendations:1
Number of country comments:48
Number of expert comments:none
Corresponding AEG Meetings
The issue was discussed at the following meetings:
December 2004, July 2005
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