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Article: Low investment share in Sweden, but primarily for housing.(GDP and Demand in Sweden)
- Article from:
- The Swedish Economy
- Article date:
- March 1, 2005
CopyrightCOPYRIGHT 2005 National Institute of Economic Research. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By both historical and international standards, investment is low in Sweden (see Diagram 79). The analysis in this box shows that housing investment is considerably less than in other countries. In regard to other investment, however, Sweden does not deviate appreciably from the United States or comparable European countries.
Investment Important for the Future
Investment in tangible real capital is important for future output and growth. Tangible capital gets old and wears out. Without investment, real capital and thus future output would decrease. A substantial portion of output must be devoted to investment to keep the stock of capital from ...