Publication:
Measuring Intangible Assets in an Emerging Market Economy : An Application to Brazil

dc.contributor.authorKannebley, Sérgio Jr.
dc.contributor.authorDutz, Mark A.
dc.contributor.authorScarpelli, Maira
dc.contributor.authorSharma, Siddharth
dc.date.accessioned2012-12-11T22:48:12Z
dc.date.available2012-12-11T22:48:12Z
dc.date.issued2012-07
dc.description.abstractThis paper measures intangible investment in Brazil. It estimates that during 2000-2008, annual business spending on intangible assets or knowledge-based capital in Brazil averaged about 4 percent of gross domestic product. While this is significantly lower than comparable rates for the United States, Japan and the United Kingdom, which hover around 11 percent, it is not too far below estimates for other developed countries such as Italy and Spain. Of the total expenditure on intangible assets in 2006, about 23 percent was spent on computer software and databases, 43 percent on innovative property (predominantly research and development and new product development in financial services), and 34 percent on economic competencies (which comprises branding, employee training and organization improvement). Brazil's share of spending on economic competencies is markedly lower than that observed in the United States and the United Kingdom, and the analysis finds it to be the slowest growing of the major intangible categories. Finally, having extended the intangible investment estimation methodology to produce more disaggregated (industry-level) estimates, the authors show that intangible investment is positively correlated with recent export growth and total factor productivity estimates across manufacturing industries. This suggests that intangible or knowledge-based capital, as measured here, can account for part of the hitherto unexplained component of productivity growth.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/07/16530073/measuring-intangible-assets-emerging-market-economy-application-brazil
dc.identifier.doi10.1596/1813-9450-6142
dc.identifier.urihttps://hdl.handle.net/10986/11972
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 6142
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCOUNTING
dc.subjectADVANCED ECONOMIES
dc.subjectADVERTISING
dc.subjectAFFILIATED ORGANIZATIONS
dc.subjectAGRICULTURE
dc.subjectASSET CLASS
dc.subjectAVAILABILITY OF DATA
dc.subjectBENCHMARK
dc.subjectBUSINESS ENVIRONMENT
dc.subjectBUSINESS INVESTMENT
dc.subjectBUSINESS SECTOR
dc.subjectCAPABILITIES
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL STOCKS
dc.subjectCAPITAL STRUCTURE
dc.subjectCOMMERCE
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCOMPUTERS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCOPYRIGHT
dc.subjectCOPYRIGHTS
dc.subjectCUSTOM
dc.subjectDATA AVAILABILITY
dc.subjectDATA LIMITATIONS
dc.subjectDEBT
dc.subjectDEFLATORS
dc.subjectDEPRECIATION
dc.subjectDERIVATIVE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDISCOUNTED VALUE
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC THEORY
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET ECONOMY
dc.subjectEQUIPMENT
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT GROWTH
dc.subjectEXPORTS
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE BANK
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL PRODUCT
dc.subjectFINANCIAL PRODUCT DEVELOPMENT
dc.subjectFINANCIAL PRODUCTS
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SERVICES INDUSTRIES
dc.subjectFINANCIAL SERVICES INDUSTRY
dc.subjectFIXED ASSETS
dc.subjectFIXED CAPITAL
dc.subjectGDP
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROSS VALUE
dc.subjectGROWTH POLICIES
dc.subjectGROWTH RATE
dc.subjectGROWTH THEORY
dc.subjectHUMAN CAPITAL
dc.subjectICT
dc.subjectINCOME
dc.subjectINDUSTRIAL ECONOMICS
dc.subjectINDUSTRIAL STRUCTURE
dc.subjectINFLATION
dc.subjectINFORMATION SYSTEMS
dc.subjectINNOVATION
dc.subjectINSTRUMENT
dc.subjectINTANGIBLE
dc.subjectINTANGIBLE ASSET
dc.subjectINTANGIBLE ASSETS
dc.subjectINTANGIBLES
dc.subjectINTELLECTUAL CAPITAL
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COMPARISON
dc.subjectINVESTING
dc.subjectINVESTMENT PATTERNS
dc.subjectKNOWLEDGE ECONOMY
dc.subjectLABOR MARKET
dc.subjectLICENSE
dc.subjectMANUFACTURING
dc.subjectMANUFACTURING INDUSTRIES
dc.subjectMARKET FAILURES
dc.subjectMARKET RESEARCH
dc.subjectMARKETING
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMISSING DATA
dc.subjectMOTION PICTURE
dc.subjectMOTION PICTURES
dc.subjectNATIONAL INCOME
dc.subjectNATURAL CAPITAL
dc.subjectNATURAL RESOURCES
dc.subjectNEW PRODUCT
dc.subjectNEW PRODUCTS
dc.subjectOPEN ACCESS
dc.subjectORGANIZATIONAL CAPITAL
dc.subjectORGANIZATIONAL STRUCTURE
dc.subjectORGANIZATIONAL STRUCTURES
dc.subjectOUTPUT
dc.subjectOUTPUT PER CAPITA
dc.subjectOUTPUTS
dc.subjectPARTICULAR COUNTRY
dc.subjectPATENTS
dc.subjectPHYSICAL ASSETS
dc.subjectPOLICY RESPONSE
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION PROCESSES
dc.subjectPRODUCTIVITY GROWTH
dc.subjectR&D
dc.subjectR&D SERVICES
dc.subjectRADIO
dc.subjectRATE OF GROWTH
dc.subjectREGISTRY
dc.subjectRESERVES
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRETURNS
dc.subjectSCIENCE FOUNDATION
dc.subjectSECURITIES
dc.subjectSMALL ENTERPRISES
dc.subjectSTOCK MARKET
dc.subjectTAX
dc.subjectTAX CREDIT
dc.subjectTECHNOLOGICAL INNOVATION
dc.subjectTELECOM
dc.subjectTELEVISION
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectUNDERVALUATION
dc.subjectUSES
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWEB
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD ECONOMY
dc.titleMeasuring Intangible Assets in an Emerging Market Economy : An Application to Brazilen
dspace.entity.typePublication
okr.crossref.titleMeasuring Intangible Assets in an Emerging Market Economy: An Application to Brazil
okr.date.disclosure2012-07-01
okr.date.doiregistration2025-04-10T10:40:46.053551Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/07/16530073/measuring-intangible-assets-emerging-market-economy-application-brazil
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid241161468015621202
okr.identifier.doi10.1596/1813-9450-6142
okr.identifier.externaldocumentum000158349_20120723105855
okr.identifier.internaldocumentum16530073
okr.identifier.reportWPS6142
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/07/23/000158349_20120723105855/Rendered/PDF/WPS6142.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryBrazil
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicPrivate Sector Development::E-Business
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicEconomic Theory and Research
okr.unitDevelopment Research Group (DECRG)
relation.isAuthorOfPublication2939efe1-3653-5554-bb5b-89bf213ca445
relation.isAuthorOfPublication.latestForDiscovery2939efe1-3653-5554-bb5b-89bf213ca445
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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