Economic Analysis of Production Price Indexes - Hardcover

Fisher, Franklin M.; Shell, Karl

 
9780521554169: Economic Analysis of Production Price Indexes

Inhaltsangabe

This is a book on the theory behind the construction of production index numbers.

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Críticas

'Fisher and Shell have provided the economics profession with an interesting, thought-provoking book on a number of important measurement issues.' Journal of Economics

Reseña del editor

This work on index-number construction focuses on production indexes, including output and input deflators that can be used for constructing real output and real input. Fisher and Shell treat separately the different production units: the firm, the industry, and the economy, as well as the different forms of industrial organization: monopoly, monopsony, and competition. Only in the simplest cases is the appropriate theory isomorphic to that of the cost-of-living index because of the interlinkages among the various production units. A firm cannot always assume that the behavior of its competitors, suppliers, and customers will be unaffected by price changes and only in special cases can an industry take supply and demand conditions as given.

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Weitere beliebte Ausgaben desselben Titels

9780521556231: Economic Analysis of Production Price Indexes

Vorgestellte Ausgabe

ISBN 10:  0521556236 ISBN 13:  9780521556231
Verlag: Cambridge University Press, 1998
Softcover