Intangible Capital: A Country and Industry-level Comparison 2000–2021

Abstract

Intangible and tangible investments, and the capital stock accumulated over time, play a key role—alongside the labour input and the economic operating environment shaped by factors such as legislation—in creating a nation’s value added, and thus its incomes and purchasing power. This working paper examines macroeconomic statistics related to investments and productivity for Finland and seven other countries between 2000 and 2021, both for the whole economy and for individual industries. Intangible investments, in particular, face measurement challenges that complicate cross-country comparisons. On average, within non-agricultural market economy, Finland’s investment rate is moderate or among the leaders in intangible investments, but lagging behind in tangible investments. However, there is significant variation across different industries and investment assets.

Information om publikationen

Forskningsgrupp
Förnyelse av företag
Serie
ETLA Working Papers 149
Datum
12.10.2026
Nyckelord
Intangible investment, Tangible investment, Capital stock, Productivity
ISSN
2323-2420, 2323-2439 (Pdf)
JEL
E22, E24, J24, O57
Sidor
78
Språk
Finska