Description
Book SynopsisAn examination of long-term trends in capital formation and financing in the U.S., this study is organized primarily around the principal capital-using sectors of the economy: agriculture, mining and manufacturing, public utilities, non-farm residential real estate, and government. The analysis summarizes major trends in real capital formation and
Table of Contents*Frontmatter, pg. i*Relation of The Directors to The Work and Publications of The National Bureau of Economic Research, pg. vi*National Bureau of Economic Research 1961, pg. vii*Contents, pg. ix*Tables, pg. xiii*Figures and Charts, pg. xxv*Acknowledgments, pg. xxix*Introduction, pg. 1*Chapter 1. Capital Formation, Saving, and Financing: Definitions and Relations, pg. 15*Chapter 2. The Meaning of Long-Term Trends, pg. 36*Chapter 3. Trends in Total Capital Formation, 1869-1955, pg. 55*Chapter 4. Trends in the Structure of Capital Formation, pg. 118*Chapter 5. Trends in Financing of Capital Formation: Share of Internal Funds, pg. 220*Chapter 6. Trends in Financing of Capital Formation: Structure of External Financing, pg. 272*Chapter 7. Long Swings in Population Growth, Capital Formation, and National Product, pg. 316*Chapter 8. Long Swings in Financing of Capital Formation, pg. 361*Chapter 9. Summary of Findings, pg. 389*Chapter 10. The Past as Prologue, pg. 429*Appendix A. Annual Estimates, 1919-1955, pg. 465*Appendix B. Estimates for Overlapping Decades, 1869-1953, pg. 505*Appendix C. Annual Estimates and Quinquennial Moving Averages for the Years before 1919, pg. 534*Appendix D. Changes in Net Durable Capital, Sector Estimates, Compared with Commodity Flow Totals of Net Construction and Equipment, pg. 602*Appendix E. Estimates of Population and of the Labor Force: Census and Mid-Censal Dates, and Quinquennial Moving Averages, pg. 613*Index, pg. 637