Reports of Study Groups, etc. No.04-2

JIP Database Series No.2
Paper on an estimation method of investments by assets in the JIP Database


July, 2002
Tsutomu Miyagawa
(Professor, Faculty of Economics, Gakushuin University;
Visiting Fellow, Economic and Social Research Institute, Cabinet Office)
Kazuyoshi Nakata
(Economic and Social Research Institute,Cabinet Office)
Naoki Okumura
(Economic and Social Research Institute,Cabinet Office)
Sumio Hamagata
(Policy and Planning Sciences, University of Tsukuba )
Chikako Yamauchi
(University of California, Los Angeles)

The full text is written in Japanese.     
(Abstract)

     This paper is the second volume of the JIP (Japan Industrial Productivity) database created by a study group of the Economic and Social Research Institute, Cabinet Office. In this paper, the investment series by assets is estimated. The assets are broken down into 37 classifications based on the assets classification of the Bureau of Economic Analysis (BEA) in the United States., so that a Japan-U.S. comparison becomes possible.
     This database covers only tangible fixed assets. It does not include the intangible fixed assets that were estimated in the 1993 SNA. However, we estimate computer software investment separately from the database, considering the future extension of the database to the 1993 SNA standard. Our estimate of computer software investment includes not only order-made software investment but also in-house and general application software investment. The National Accounts of Japan estimates only order-made software investments.