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Description - Economic Analysis of Production Price Indexes by Franklin M. Fisher

This is a book on the theory behind the construction of production index numbers. Well-known examples of such indexes are the Gross Domestic Product, the Producer Price Index, and labor productivity. Fisher and Shell provide the analysis behind this class of index numbers. They treat separately the different production units and different forms of industrial organization. They show the direction of bias in traditionally calculated index numbers and how biases can affect fundamental conclusions about the growth or stagnation of the economy.

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Book Details

ISBN: 9780521556231
ISBN-10: 0521556236
Format: Paperback
(228mm x 152mm x 13mm)
Pages: 242
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 13-Nov-1997
Country of Publication: United Kingdom

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