§ Mr. Gwilym Roberts
asked the Chancellor of the Exchequer (1) what increase there has been since 1963 in percentage terms in gross capital stock and plant and machinery, respectively, at constant prices in manufacturing industry and index of production industries;
(2) what increase there has been in percentage terms in gross capital stock and plant and machinery, respectively, at constant prices since 1963 in each of the following industries (a) agriculture, fishing, and forestry, (b) mining and quarrying, (c) food, drink and tobacco, (d) coal and petroleum products, chemical and allied industries, (e) metal manufacture, (f) bricks, pottery, glass and cement, (g) timber and furniture, (h) paper, printing 645W and publishing, (i) textiles, (j) construction and (k) gas, electricity and water.
INCREASES IN GROSS CAPITAL STOCK AT CONSTANT (1975) REPLACEMENT COST BETWEEN 1963 AND 1978 Industry* All fixed assets Per cent. Plant and machinery Per cent. Agriculture, forestry and fishing … 69 31 Index of production industries … 69 79 Mining and quarrying (including petroleum and natural gas) … 204 125 Manufacturing … 60 76 Food, drink and tobacco … 83 124 Coal, petroleum products, chemical and allied industries … 83 102 Iron and steel … 47 60 Other metals, engineering and allied industries† … 47 51 Bricks, pottery, glass, cement etc. … 91 116 Timber, furniture etc. … 80 119 Paper, printing and publishing … 58 75 Textiles, leather, clothing and other manufacturing† … 47 73 Construction … 134 183 Gas, electricity and water … 61 71 Source: Central Statistical Office * Analysis is possible only by industry of ownership. Consequently leased assets are mainly included in estimates of capital stock for the distributive and service industries, rather than within estimates for the production industries where most of the assets are used. The figures in the tables may therefore slightly understate the growth in fixed assets available in the production industries. † Separate estimates of gross capital stock for the non-ferrous metal, and for the textile, industries are not available.
The method of calculating gross capital stock is described in "National Account Statistics: Sources and Methods", page 383, and in articles in the October 1975 and October 1976 issues of Economic Trends. Estimates relating to the end of 1978 are published in "National Income and Expenditure", 1979 edition—tables 11.12 and 11.14.