"c VAR 0072 02211 PVT CNST 889-955 MD= 1E-37 " "c REF 0072 LOC 628 WIDTH 9 DK 10 COL 71-79 " "c " "c " "c NET PRIVATE CONSTRUCTION, EXCLUDING NONFARM RESIDENTIAL, " "c KUZNETS (CURRENT DOLLARS) " "c -------------------------------------------------------- " "c " "c NBER SERIES: 02211 " "c AREA COVERED: U.S. (SEE NOTE) " "c UNITS: MILLION CURRENT DOLLARS " "c ANNUAL COVERAGE: 1889-1955 " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: NONE " "c SEASONAL ADJUSTMENT: NOT APPLICABLE " "c SOURCE: SIMON KUZNETS,"CAPITAL IN THE AMERICAN ECONOMY: " "c ITS FORMATION & FINANCING," (PRINCETON UNIVERSITY PRESS FOR " "c NBER, 1961) TABLE R-32, PP. 592-95 " "c " "c NOTES: SERIES 02211 AND 02212 WERE DERIVED BY SUBTRACTING " "c DEPRECIATION AND DEPLETION FROM THE GROSS KUZNETS SERIES " "c "GROSS PRIVATE CONSTRUCTION, EXCLUDING NONFARM RESIDENTIAL" " "c (NBER 02150, CURRENT DOLLARS; AND 02145, CONSTANT DOLLARS). " "c THE CONSTANT (1929) DOLLAR FIGURES WERE CALCULATED AS " "c FOLLOWS: 1889-1918: ANNUAL DEPRECIATION AND DEPLETION " "c FIGURES WERE DERIVED BY INTERPOLATION AND EXTRAPOLATION FROM " "c DECADE ESTIMATES CALCULATED FROM WEALTH DATA IN KUZNETS, " "c "NATIONAL PRODUCT SINCE 1869." FOR DETAILS SEE NOTES TO " "c KUZNETS,"CAPITAL IN THE AMERICAN ECONOMY," TABLE R-17, P. " "c 531. 1919-1955: (1) THE DEPT. OF COMMERCE SERIES FOR " "c DEPRECIATION ON AN ORIGINAL-COST BASIS, PUBLISHED IN " "c "NATIONAL INCOME, 1954 EDITION, TABLE 4, AND SURVEY OF " "c CURRENT BUSINESS," (DEPT. OF COMM.), JULY 1956, TABLE 4, " "c WERE EXTENDED BACK TO 1919 BY FABRICANT'S SERIES (SOLOMON " "c FABRICANT,"CAPITAL CONSUMPTION AND ADJUSTMENT," NEW YORK, " "c NBER, 1938) AND DEFLATED BY FABRICANT'S PRICE INDEX, " "c EXTENDED TO 1955 BY KUZNETS. FOR FURTHER DESCRIPTION SEE " "c KUZNETS,"CAPITAL IN THE AMERICAN ECONOMY," TABLE R-8, P. " "c 501. (2) DEPLETION WAS ESTIMATED AS 8 PER CENT OF " "c DEPRECIATION (SEE IBID). " "c CURRENT DOLLAR FIGURES WERE CALCULATED AS FOLLOWS: THE " "c DEPRECIATION SERIES IN 1929 PRICES WAS MULTIPLIED BY THE " "c APPROPRIATE PRICE INDEX DESCRIBED IN KUZNETS,"CAPITAL IN " "c THE AMERICAN ECONOMY," TABLE R-31, COL. 4. " "c " "c ORIGINALS MISSING; NOT PROOFREAD. " "c ............................................................... "