§ Mr. Hordernasked the Secretary of State for Trade and Industry if he will publish a table showing the level of manufacturing investment, from international sources available to him, at constant 1963 prices, in the United Kingdom, the United States of America, Japan, West Germany, and France, annually, to the nearest convenient date, and expressed in their respective national currencies.
§ Sir G. HoweThe available comparable information on investment at 1963 prices is in the following table:
available to him, showing the ratio of investment to production in manufacturing industry, in the United Kingdom, the 107W United States of America, Japan, West Germany, and France, from 1963, annually, to the nearest convenient date.
MANUFACTURING AND CONSTRUCTION INDUSTRIES RATIO OF GROSS FIXED CAPITAL FORMATION TO CONTRIBUTION TO GROSS DOMESTIC PRODUCT (AT FACTOR COST) Percentages 1963 1964 1965 1966 1967 1968 1969 1970 United Kingdom … 10.9 11.5 12.2 12.5 11.8 12.2 13.2 13.8 United States of America* … 9.4 10.3 11.3 12.4 12.8 11.6 12.4 12.6 Japan … 31.3 29.9 23.3 24.7 31.1 32.1 35.2 33.6 West Germany … 14.1 14.3 14.1 13.8 12.5 11.3 n.a. n.a. France … 15.4 15.1 14.8 15.0 14.8 14.1 14.6 16.1 n.a. = not available. * Manufacturing industry only. Sources: National Accounts of OECD countries; 1959–1968 (OECD, Paris, 1970), and 1960–1970 OECD. Paris, 1972).
§ Mr. Hordernasked the Secretary of State for Trade and Industry if he will publish a table, from international sources available to him, showing the ratio of stocks to production in manufacturing industry in the United Kingdom, the United States of America, Japan, West Germany, and France, from
108W
§ Sir G. HoweThe information available is contained in the following table:
1963, annually, to the nearest convenient date.
§ Sir G. HoweThe information is not available except for the United Kingdom and the United States of America. It would not, in any case, be easy to draw valid economic conclusions from the ratios of stocks to production in different countries.