Own-Account IT Equipment Investment
Carol Corrado and
Daniel Sichel ()
FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
This note considers a puzzle: why has information technology (IT) equipment investment in the National income and Product Accounts (NIPAs) been so weak since 2007 at the same time that financial reports indicate massive increases in capital expenditures by IT service companies?
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2017-10-04-2
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