Shikeb Farooqui’s research while affiliated with Office for National Statistics and other places

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Publications (1)


New Measures of U.K. Private Sector Software Investment
  • Article

May 2007

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42 Reads

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20 Citations

Economic & Labour Market Review

Graeme Chamberlin

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Tony Clayton

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Shikeb Farooqui

Updates previous ONS work to improve estimates of the above, including application of OECD software taskforce methodology.This article updates previous work undertaken by the Office for National Statistics to improve estimates of software investment in the UK. The methodology recommended by the 2002 OECD Software Taskforce has been applied to produce new measures of own-account software investment. These results are presently being considered as part of the revisions process for Blue Book 2007. New work on measuring purchased software investment from firm-level microdata sources generates estimates closer to those published in the National Accounts.Economic & Labour Market Review (2007) 1, 17–28; doi:10.1057/palgrave.elmr.1410072

Citations (1)


... Estimates of the rate of return on capital are excluded. ONS ended up with a non-labor cost share of 80%, which is close to the 90% here (Chamberlin et al., 2007). Furthermore, our ICT labor costs are evaluated from all ICT related occupations multiplied by 0.6, thus bringing ICT labor costs close to labor costs in more selective ICT occupations in ONS. ...

Reference:

Intangibles from innovative work - their valuation and technological change
New Measures of U.K. Private Sector Software Investment
  • Citing Article
  • May 2007

Economic & Labour Market Review