Economic Analysis of Production Price Indexes
No Customer Reviews
Select Format
Select Condition 
Book Overview
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.
Format:Paperback
Language:English
ISBN:0521556236
ISBN13:9780521556231
Release Date:November 1997
Publisher:Cambridge University Press
Length:242 Pages
Weight:0.73 lbs.
Dimensions:0.5" x 5.9" x 8.9"
Related Subjects
Business Business & Investing Econometrics Economics Macroeconomics Popular Economics TheoryCustomer Reviews
0 rating
Copyright © 2025 Thriftbooks.com
Terms of Use | Privacy Policy | Do Not Sell/Share My Personal Information | Cookie Policy | Cookie Preferences | Accessibility Statement
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
