Appendix D - Cost Shares of the Factor Inputs in Trucking

Appendix D - Cost Shares of the Factor Inputs in Trucking

(Basic Growth Accounting, Without Land)

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Year Labor Weight: Share of labor costs in industry output
'(1)
Capital Weight (Residual)
'(2)
Weight of Intermediate Inputs
'(3)
Total [(1)+(2)+(3)]
'(4)
1987 0.414 0.118 0.468 1.00
1988 0.353 0.163 0.484 1.00
1989 0.337 0.169 0.494 1.00
1990 0.317 0.154 0.529 1.00
1991 0.322 0.164 0.517 1.00
1992 0.313 0.158 0.528 1.00
1993 0.314 0.164 0.518 1.00
1994 0.307 0.175 0.518 1.00
1995 0.309 0.162 0.526 1.00
1996 0.302 0.157 0.541 1.00
1997 0.299 0.164 0.534 1.00
1998 0.292 0.177 0.532 1.00
1999 0.286 0.167 0.548 1.00
2000 0.283 0.152 0.565 1.00
2001 0.296 0.158 0.546 1.00
2002 0.293 0.174 0.533 1.00
2003 0.309 0.185 0.506 1.00

Sources: Data on labor and intermediate purchases: BEA, Annual Industry Accounts: http://www.bea.doc.gov/bea/dn2/gdpbyind_data.htm.

Note: The share of capital was calculated as a residual.