John wrote on Tue, 16 Dec:
> a. Different depreciation rates are assumed for different
> types of fixed capital.
A few questions:
1) What is the basis for the assumptions regarding the differing
depreciation rates of different types of fixed capital? E.g. are
previous depreciation rates on a given type of fixed capital assumed
to continue into the future?
2) When there is a qualitatively new type of fixed capital how does
the BEA impute a depreciation rate on that equipment?
> 2. There is a bit of debate concerning how obsolescence is taken into
> account.
3) What are the different sides and who are the major players in this
debate?
In solidarity, Jerry