Capital services

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For capital goods, see capital goods. For capital stocks, see capital stocks.

In economics, capital services refer to a chain-type index of service flows derived from the stock of physical assets and software. These assets are coordination, equipment, software, structures, land, and inventories. Capital services are estimated as a capital-income weighted average of the growth rates of each asset. Capital services differ from capital stocks because short-lived assets such as equipment and software provide more services per unit of stock than long-lived assets such as land.[1] Unlike capital goods, capital services are owned by the person or group of people providing them.[2]

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References[edit]

  1. ^ "BLS Information". Glossary. U.S. Bureau of Labor Statistics Division of Information Services. February 28, 2008. Retrieved 2009-05-05. 
  2. ^ "Capital Goods and Services". University of North Carolina. Retrieved 2009-05-06. 

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