software

software - For Official Use Organisation de Coopration et...

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For Official Use STD/NA(2001)23 Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development 24-Sep-2001 ___________________________________________________________________________________________ English - Or. English STATISTICS DIRECTORATE National Accounts ESTIMATION OF SOFTWARE IN THE UK NATIONAL ACCOUNTS - RECENT DEVELOPMENTS Agenda item 9 Adrian Chesson - Head of Gross Capital Formation Branch National Accounts, ONS - United Kingdom OECD MEETING OF NATIONAL ACCOUNTS EXPERTS Château de la Muette, Paris 9-12 October 2001 Beginning at 9:30 a.m. on the first day JT00113151 Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format STD/NA(2001)23 For Official Use English - Or. English
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STD/NA(2001)23 2 ESTIMATION OF SOFTWARE IN THE UK NATIONAL ACCOUNTS - RECENT DEVELOPMENTS 1. Introduction The objective of this paper is to clearly describe the issue of measuring computer software investment in national accounts and detail the past position of the UK with respect to this issue. The definitions and objectives detailed in the main source documents for national accountants (SNA 93, ESA 95 and UK Concepts, Sources and Methods) will be referenced and briefly discussed. The methods currently applied in the UK will be described and future developments in the area will be introduced. The issues and problems that surround the accurate measurement of computer software in the modern advanced technological environment will also be discussed. The intention is to describe the past and present developments in this area and to briefly describe some of the problems faced by national accountants engaged in the estimation of computer software investment. This is not a review of the data collected by the various inquiries or a comparison of different techniques. 2. Source Documentation 2.1 Definition Computer software is defined as an intangible fixed asset. “Acquisitions, less disposal of fixed assets produced as outputs from processes of production that are themselves used repeatedly or continuously in other processes of production for more than one year” 1 should form part of the estimate of Gross Fixed Capital Formation (GFCF). 2.2 System of National Accounts (SNA 1993) The system of national accounts 1993 details that computer software that fulfil the definition above can be software that is purchased on the market or produced for own use. However, the valuation of these two types of software is different. “Software purchased on the market is valued at purchasers’ prices, while software developed in-house is valued at its estimated basic price, or at its costs of production if it is not possible to estimate the basic price.” 1 “The purchase or development of large databases” 1 that fulfil the definition above are also to be included in the estimate of GFCF. These databases are valued in the same way as software.
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STD/NA(2001)23 3 2.3
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software - For Official Use Organisation de Coopration et...

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