Quarterly Journal of Economics Vol. 44 No. 2 1930
The Measurement of the Physical Volume of Production
Abstract
Introduction. — I. Development of a measure of the physical volume of production on the basis of the concept of production in general economic theory, 243. — The "index" and "deflating" methods, 244. — II. The relation between the economic quantities "production" and "national income, " 247. — III. The necessity of including the value factor in measures of physical production and the consequent shortcomings of such a measure, 250. — IV. Other limitations of a measure of physical production, 257. — V. Conclusions, 261.
- DOI
- 10.2307/1885249
- Volume
- 44
- Issue
- 2
- Pages
- 242
- Sources
- openalex crossref