Table 1.8. Historical-Cost Other Changes in Volume of Assets for Fixed Assets and Consumer Durable Goods (A) - FAAt108

Data - BEA

Layout

  • Fixed Assets Website. html

Ex 1: Capital

What is capital?

Code
FAAt108 %>%
  filter(Line %in% c(2, 3)) %>%
  rename(variable = LineDescription) %>%
  left_join(gdp_adjustment, by = "date") %>%
  mutate(value = 1000 * `Real GDP / Real GDP Trend (Log Linear)` * value / GDP,
         variable = case_when(variable == "Fixed assets" ~ "Fixed assets (Private + Government)",
                              variable == "Private" ~ "Fixed assets (Private)")) %>%
  ggplot + geom_line(aes(x = date, y = value, color = variable, linetype = variable)) + 
  ylab("% of GDP") + xlab("") + 
  theme_minimal()+
  geom_rect(data = nber_recessions %>%
              filter(Peak > as.Date("1927-01-01")),
            aes(xmin = Peak, xmax = Trough, ymin = -Inf, ymax = +Inf), 
            fill = 'grey', alpha = 0.5) +
  scale_x_date(breaks = nber_recessions$Peak,
               minor_breaks = "5 years",
               labels = date_format("%y")) + 
  scale_y_continuous(breaks = 0.01*seq(0, 500, 20),
                     labels = scales::percent_format(accuracy = 1)) +
  scale_color_manual(values = viridis(5)[1:4]) +
  theme(legend.position = c(0.2, 0.9),
        legend.title = element_blank(),
        legend.text = element_text(size = 8),
        legend.key.size = unit(0.9, 'lines'))