HC Deb 07 November 1980 vol 991 cc702-3W
Mr. Meacher

asked the Chancellor of the Exchequer, according to the latest available information, when manufacturing investment in relation to gross domestic product is standardised between countries, what is the incremental increase in the rate of growth of the gross domestic product that is generated by the United Kingdom, Germany, France, Italy, the United States of America, Japan and Sweden.

Mr. Lawson

[pursuant to his answer, 6 November 1980]: To provide hypothetical estimates of the kind which the hon. Member has in mind would require a complex set of assumptions and calculations and would involve a disproportionate cost.

Estimates of gross domestic product in each of the countries specified are published by OECD in "National accounts of OECD countries", volume I (main aggregates), 1950–1978. Such estimates of investment by manufacturing industry as are available are published in

National accounts of OECD countries", volume II (detailed tables), 1961–1978.