Table 2: Increases in Capital and Labor in Air Transportation
Table 2: Increases in Capital and Labor in Air Transportation
(Annual Percentage Rates)
| Year | Index
of Labor Hours (1) |
Index
of Capital (2) |
Index
of Capital per Labor Hour (3) |
Growth
of Labor Hours (4) |
Growth
of Capital (5) |
Growth
of Capital per Labor Hour (6) |
Period (7) |
Growth
of Capital per Labor Hour (8) |
|---|---|---|---|---|---|---|---|---|
| 1990 | 100.0 | 100.0 | 100.0 | |||||
| 1991 | 97.0 | 103.1 | 106.3 | −3.0 | 3.1 | 6.3 | ||
| 1992 | 98.9 | 101.3 | 102.4 | 2.0 | −1.7 | −3.6 | ||
| 1993 | 98.0 | 105.3 | 107.4 | −0.9 | 3.9 | 4.9 | ||
| 1994 | 97.4 | 112.2 | 115.2 | −0.6 | 6.6 | 7.2 | ||
| 1995 | 96.7 | 113.9 | 117.8 | −0.7 | 1.5 | 2.3 | 1990-1995 | 3.3 |
| 1996 | 99.7 | 117.0 | 117.4 | 3.1 | 2.7 | −0.4 | ||
| 1997 | 102.9 | 120.5 | 117.1 | 3.2 | 3.0 | −0.2 | ||
| 1998 | 107.8 | 125.9 | 116.8 | 4.8 | 4.5 | −0.3 | ||
| 1999 | 112.4 | 131.4 | 116.9 | 4.3 | 4.4 | 0.1 | ||
| 2000 | 119.3 | 139.3 | 116.8 | 6.1 | 6.0 | −0.1 | 1995-2000 | −0.2 |
| 2001 | 119.1 | 145.5 | 122.2 | −0.2 | 4.5 | 4.6 | 1995-2001 | 0.6 |
Source: For index numbers of labor hours and capital, Bureau of Labor Statistics internet site: ftp://ftp.bls.gov/pub/special.requests/opt/dipts/indmfp3.txt. The index of capital per per labor hour and the growth rates were computed by the author.