关键词: R&, D资本化；资本存量；影响度

Abstract: According to SNA2008, R&D expenses is no longer treated as intermediate consumption, but as fixed assets included in GDP. Based on this, referring to the relevant research at home and abroad, the paper sets key parameters and quantitatively analyzes its effect on national accounts of Shenzhen by goldsmith method, BEA method and combination method respectively. The results show that R&D expenses included in GDP account for 63.42% of R&D expenses and the contribution of R&D capitalization to GDP is 1.78% on average. In the meanwhile, after the capitalization of R&D, the consumption rate and investment rate are all changed, but the increasing range of the investment rate after adjustment is more and the consumption rate has relatively smaller changes.

Key words: R&D Capitalization, Capital Stock, Impact