Definition: Capital good
Classifications
Capital goods are goods other than material inputs and fuel, used for the production of other goods and/or services. They include factory buildings, machinery, locomotives, lorries and tractors. Land is not usually regarded as capital goods (NACE Rev. 2).
Capital goods are goods other than material inputs and fuel, used for the production of other goods and/or services. They include factory buildings, machinery, locomotives, lorries and tractors. Land and intangible assets are not usually regarded as capital goods (NACE Rev. 1).
Source:
Eurostat, "NACE Rev. 2, Statistical Classification of Economic Activities in the European Community",Office for Official Publications of the European Communities, Luxembourg, 2008
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