Definition: Age-price profile
OECD terminology
"Measuring Capital" Manual 2009
Index of the price of a capital good with regard to its age. The age-price profile compares identical capital goods of different age at the same point in time. Typically, the age-price profile declines with increasing age.
"Measuring Capital" Manual 2001
The age-price profile of an asset describes the change (usually the decline) in the price of an asset as it ages.
"Measuring Productivity" Manual
Age-price profile shows the loss in value of a capital good as it ages, or the pattern of relative prices for different vintages of the same (homogenous) capital good.
Source:
Organisation for Economic Co-operation and Development (OECD), "Measuring Capital - OECD Manual: Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services", Annex 1: Glossary of technical terms used in the Manual, Paris, 2001
Created:
Updated: