Application of Ind Ctgrs to Company Study

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    DougO
    Capital spending using involves construction (sectors 34-38) and capital goods purchased (sector depends on manufacturer of goods purchased. Once construction is completed then we can "operate" sectors 403, 409 and 410 as impacts. 1) You can purchase the goods as a direct effct (each item is an event. 2) The 440 sectors are the most detail available in the data base. 3) It would apply to sector 36. 409 is only operations expenditures - production functions do not include capital expenditures.
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