In a message dated 98-02-01 16:31:13 EST, you write:

<< their overall contribution would still be minimal,
 given their small share of the overall capital stock >>


I think the latest BEA figures show that a large protion of net capital
formation (the flow of I) is coming from computers.  The problem is that the
stuff gets written down so quickly, however, that doesn't negate the fact that
s/v can rise even if the offical  accounting measures are crappy.

jason

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