I hope you ultimately have an answer to that question, Doug. Though not
quite sure that I really understand the concept, I looked for interesting
correlations. All I could find was that Ireland and the Netherlands,
next lowest to the US in the list, are also becoming service economies.
Does that get the brass ring?
valis
Occupied America
> Anyway, what, if anything, does it mean that the U.S. has the lowest
> capital/output ratio in the OECD? Here are some numbers for 1996, from the
> OECD in Figures, 1997 edition:
>
> CAPITAL/OUTPUT RATIO, BUSINESS SECTOR, 1996
>
> Australia 2.87
> Austria 3.71
> Belgium 2.89
> Canada 2.46
> Denmark 3.87
> Finland 3.57
> France 2.93
> Germany 2.75
> Greece 2.48
> Ireland 2.09
> Italy 2.82
> Japan 2.55
> Netherlands 2.18
> Norway 3.43
> Spain 2.60
> Sweden 2.89
> Switzerland 3.21
> UK 2.81
> US 1.91
