Term:
Age-price profile
Definition:
The 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
Domain:
Economics & National Accounts
Source:
OECD Productivity Manual: A Guide to the Measurement of Industry- Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary
