Corrado, Carol; Hulten, Charles; Sichel, Daniel - In: Review of Income and Wealth 55 (2009) 3, pp. 661-685
Published macroeconomic data traditionally exclude most intangible investment from measured GDP. This situation is beginning to change, but our estimates suggest that as much as $800 billion is still excluded from U.S. published data (as of 2003), and that this leads to the exclusion of more...