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1993 SNA Update Information - Research and development

Issue description
Issue description in [English] | [French] | [Russian] | [Spanish]
The 1993 SNA does not recognize the output of R&D as capital formation, despite the fact it is thought to be a major contributor to future economic growth. If the SNA were to be changed, should all expenditure on R&D, or only some, be recorded as capital formation? Can all the practical difficulties of deriving satisfactory estimates be overcome, for example by using expenditure data collected in accordance with the Frascati Manual, and obtaining appropriate deflators and service lives?
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 documentExtending the asset boundary to include research and development
AEG summaries:Posted on 9/30/2005Click here to see pdf documentClick here to see word documentResearch and development
Number of AEG recommendations:1
Number of country comments:45
Number of expert comments:none
Corresponding AEG Meetings
The issue was discussed at the following meetings:
July 2005
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