TABLE 2. Estimating Intangible Capital ====================================================================== 1960-1969 1990-2001 ----------------------------------- U.S. Values Corporate tax rate 0.450 0.349 Growth rate of real GDP 0.040 0.030 Real interest rate 0.051 0.041 Tangible depreciation rate 0.042 0.067 Average corporate investment 0.082 0.097 Contributions to profits: Tangible assets 0.093 0.063 Intangible assets 0.008 0.007 Total 0.101 0.070 ------------------------------ Estimate of Intangible capital 0.714 0.650 ======================================================================