Release: Volume Index of Capital Services (experimental), estimates for 1950 to 2004
Categories: Economy, Prices, Output and Productivity, Productivity Measures, Volume of Capital Services
Frequency of release: Annually
Language: English
Geographical coverage: UK
Geographical breakdown: UK and GB
Survey name(s): Quarterly Survey of Capital Expenditure, Survey into Business Spending on Capital Items
In this release
Volume index of capital services (VICS) is a measure of capital input to economic production which takes account of the quality and use of the capital stock across time and different types of assets. VICS weights together the growth of the net stock of assets using a user cost of capital, rather than prices like in the National Accounts. The results are used in multi-factor productivity analysis.
Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.
© Crown Copyright applies unless otherwise stated.
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