This project measures and values the contribution of household capital items, such as cookers, washing machines and cars, to the household production process.
All the estimates are experimental, and should be interpreted cautiously, bearing in mind their sensitivity to the assumptions used. Feedback is most welcome at any time.
Please let us know by 31st May 2002 if you are planning to comment on the methodology by e-mailing hhsa@ons.gov.uk.
Value data gives the estimate for the
year 2000 of the capital consumption of household capital items, based on a
Perpetual Inventory Model (PIM), using straight line depreciation.
Sensitivity tests (blue box in the
diagram) have been calculated using a geometric PIM and a
capital services model.
Go to the downloads page (see below) for the relevant chapter of the methodology paper (in pdf format), which details the assumptions used to compile the estimates.
Analysis looks at the contribution of capital to the various projects by asset type.Links contains information on data sources, publications and other websites relating to household capital.