Arbeitspapier

How Much does Sweden Invest in Intangible Assets?

In this paper I attempt to replicate for Sweden the Corrado, Hulten and Sichel (2006) and Marrano and Haskel (2006) working papers on spending on intangible assets in the US and the UK. Based on their measurement methods the total spending on intangibles in Sweden in 2004 was 277 billion SEK or 10.6 percent of total GDP. Based on total spending it can be estimated that total investment in intangibles was 227 billion or approximately two-thirds of the total investment in fixed capital in 2004. Thus, investment in intangibles was considerable in 2004. The corresponding figures for the UK and the US were 10.9 and 13.1 percent, respectively. Even though the measurement methods of intangibles must be further developed, it could be argued that intangibles in the future should be included in the Swedish national accounts.

Language
Englisch

Bibliographic citation
Series: IFN Working Paper ; No. 785

Classification
Wirtschaft
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Economywide Country Studies: Europe
Subject
Intangibles
Investment
Economic growth
Immaterielle Güter
Investition
Wirtschaftswachstum
Volkswirtschaftliche Gesamtrechnung
Schweden

Event
Geistige Schöpfung
(who)
Edquist, Harald
Event
Veröffentlichung
(who)
Research Institute of Industrial Economics (IFN)
(where)
Stockholm
(when)
2009

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Edquist, Harald
  • Research Institute of Industrial Economics (IFN)

Time of origin

  • 2009

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