Alternative capital asset depreciation rates for U.S. capital and total factor productivity measures.

UNITED States. Bureau of Labor Statistics; COMPOUND annual growth rate; DEPRECIATION; INDUSTRIAL productivity; WAREHOUSE automation; STREET lighting; ASSETS (Accounting)

The article reports that the U.S. Bureau of Economic Analysis (BEA) and the U.S. Bureau of Labor Statistics (BLS) use estimates of depreciation rates for structures and equipment to construct estimates of capital stock from data on capital investments. It further illustrate the potential effects of implementing estimates from newer studies that created a concordance to match Canadian to U.S. asset categories with total factor productivity (TFP) measures using depreciation rates.