Reword edit

theft, breakage are things that would cause the pereptual to be overstated not understated

needs to be reworded

Sources to add, related to in industry productivity accounting and macroeconomics edit

The PIM (perpetual inventory method) is used in economic statistics -- industry productivity accounting and macroeconomics. The sources below show that the term dates back to at least 1952 and possibly to Kuznets in the 1940s.

  • Andrews, W.H. 1952. The Journal of Finance, 7(3), 503-505. doi:10.2307/2976270 http://www.jstor.org/stable/41843142
  • Brownlie, A.D. 1964. On Measuring Capital. The Review of Economics and Statistics, 46(1), 104-105. doi:10.2307/1924083 ; www.jstor.org/stable/1924083
  • Kendrick, John W. 1966. Conceptual and Data Problems of Wealth Estimates in an Economic Accounting Framework. Revue De L'Institut International De Statistique / Review of the International Statistical Institute, 34(3), 360-368. doi:10.2307/1401255 ; www.jstor.org/stable/1401255
  • -- econterms (talk) 15:51, 11 September 2017 (UTC)Reply