[OPE-L] estimates of the value of c as a % of GNP?

From: Gerald_A_Levy@MSN.COM
Date: Mon Apr 04 2005 - 14:26:57 EDT

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>  The norm would be for
> wages to represent a roughly stable share of GNP and for
> accumulation to increase the stock of constant capital.

Paul C,

What are some empirical estimates of the monetary value
of the stock of c as a percentage of GNP (or GDP)?   Is the
long-term empirical trend for this percentage to remain
stable,  decrease, or increase?  (Note that I am not asking
for a theoretical claim one way or another -- just empirical
estimates in as many countries and time periods that list
members are aware of.)

In solidarity, Jerry

PS: where we have both GNP and GDP data,  which one
should Marxians use?  Why?

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