Measurement of Real Net Output and Real Capital and Labor Input by Industrial Sectors: Methodology and Procedures.
FAUCETT (JACK) ASSOCIATES INC CHEVY CHASE MD
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The purposes of this study are to outline the methodology and procedures to measure current and constant dollar net output value added by detailed industrial sectors for the time period 1947 to the present, and to develop procedures which could be employed to estimate the quantity inputs and prices of real capital and real labor services which are consistent with the measures of net output. Important uses of this data base involve production and investment function analyses, factor productivity measurements, and price analysis within an input-output table framework. Author
- Economics and Cost Analysis