"c           VAR 0121      02215 NET MIL    914-955               MD= 1E-37   "
"c           REF 0121         LOC 1069 WIDTH  9             DK  17 COL 71-79  "
"c                                                                            "
"c                                                                            "
"c              NET MILITARY CONSTRUCTION, KUZNETS (CURRENT DOLLARS)          "
"c              ----------------------------------------------------          "
"c                                                                            "
"c              NBER SERIES:  02215                                           "
"c              AREA COVERED:  U.S. (SEE NOTE)                                "
"c              UNITS:  MILLION CURRENT DOLLARS                               "
"c              ANNUAL COVERAGE:  1914-55                                     "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  NONE                                       "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  SIMON KUZNETS,"CAPITAL IN THE AMERICAN ECONOMY:      "
"c              ITS FORMATION AND FINANCING," (PRINCETON UNIVERSITY PRESS     "
"c              FOR NBER, 1961) TABLE R-32                                    "
"c                                                                            "
"c              NOTES:  NET MILITARY CONSTRUCTION IS DERIVED BY SUBTRACTING   "
"c              DEPRECIATION FROM GROSS MILITARY CONSTRUCTION. KUZNETS'       "
"c              GROSS MILITARY CONSTRUCTION SERIES IS TAKEN FROM BLS-DEPT.    "
"c              OF COMMERCE FIGURES (02227).  HOWEVER, THE KUZNETS SERIES     "
"c              ADDS AN EXTENTION BACK TO 1914 AND DOES NOT INCLUDE THE       "
"c              LATEST REVISIONS IN THE GOVERNMENT SERIES.  KUZNETS DERIVED   "
"c              HIS 1914 FIGURE BY AVERAGING THE 1914 AND 1915 GOVERNMENT     "
"c              FISCAL-YEAR FIGURES FOR MILITARY AND NAVAL CONSTRUCTION       "
"c              (PUBLISHED IN"HISTORICAL STATISTICS OF THE U.S. 1789-1945,"   "
"c              SERIES H29) TO OBTAIN A CALENDAR-YEAR FIGURE.  THE BLS-DEPT.  "
"c              OF COMMERCE FIGURES KUZNETS USED WERE THOSE PUBLISHED IN      "
"c             "CONSTRUCTON VOLUME AND COSTS 1915-56," TABLE 3, P. 7.         "
"c              DEPRECIATION WAS CALCULATED ASSUMING A TWENTY-YEAR LIFE.      "
"c                  FOR FURTHER DETAILS, SEE INTRODUCTORY NOTES ON KUZNETS    "
"c              SERIES, THE SOURCE WORK CITED ABOVE, AND LIPSEY & PRESTON,    "
"c              PP. 254-255.                                                  "
"c                                                                            "
"c              ORIGINALS MISSING; NOT PROOFREAD.                             "
"c           ...............................................................  "