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What should economists measure? The implications of mass production vs. mass customization

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  • W. Michael Cox
  • Roy J. Ruffin
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    File URL: http://dallasfed.org/assets/documents/research/papers/1998/wp9803.pdf
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    Bibliographic Info

    Paper provided by Federal Reserve Bank of Dallas in its series Working Papers with number 9803.

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    Date of creation: 1998
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    Handle: RePEc:fip:feddwp:98-03

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    Related research

    Keywords: Consumer behavior ; Production (Economic theory) ; Productivity;

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    1. Krugman, Paul, 1980. "Scale Economies, Product Differentiation, and the Pattern of Trade," American Economic Review, American Economic Association, vol. 70(5), pages 950-59, December.
    2. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    3. William D. Nordhaus, 1994. "Do Real Output and Real Wage Measures Capture Reality? The History of Lighting Suggests Not," Cowles Foundation Discussion Papers 1078, Cowles Foundation for Research in Economics, Yale University.
    4. Krugman, Paul R, 1981. "Intraindustry Specialization and the Gains from Trade," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 959-73, October.
    5. Krugman, Paul R., 1979. "Increasing returns, monopolistic competition, and international trade," Journal of International Economics, Elsevier, vol. 9(4), pages 469-479, November.
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    Cited by:
    1. Paul A. David, 2005. "Understanding Digital Technology’s Evolution and the Path of Measured Productivity Growth: Present and Future in the Mirror of the Past," Macroeconomics 0502022, EconWPA.
    2. W. Michael Cox & Richard Alm, 1998. "The right stuff: America's move to mass customization," Annual Report, Federal Reserve Bank of Dallas, pages 3-26.

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