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In this paper I attempt to replicate for Sweden the Corrado, Hulten and Sichel (2006) and Marrano and Haskel (2006 … 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 …
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’ substantial investment in intangible assets such as R&D, design, and advertising. These investments are not classified as … investment in the National Accounts, however, in which only tangible assets are defined as investment. This paper provides … estimates of investment in intangible assets and uses the growth accounting framework to analyze the Swedish productivity boom …
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