Intangible capital in U.S. manufacturing

C-Tier
Journal: Economics Letters
Year: 2021
Volume: 199
Issue: C

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I use a quantitative growth model with intangible investments and endogenously variable markups, along with U.S. manufacturing data to infer the overall size of payments to intangible capital. These payments account for about 19% of manufacturing output, almost on par with physical capital and significantly higher than economic profits.

Technical Details

RePEc Handle
repec:eee:ecolet:v:199:y:2021:i:c:s0165176520304572
Journal Field
General
Author Count
1
Added to Database
2026-01-25