IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v16y1970i1p19-50.html
   My bibliography  Save this article

U.S. Real Product And Real Factor Input, 1929–1967

Author

Listed:
  • Laurits R. Christensen
  • Dale W. Jorgenson

Abstract

The objective of this paper is to provide a conceptual basis for separating social product and social factor input accounts into price and quantity components. Despite the essential similarity between concepts of real product and real factor input, the measurement of social factor outlay in constant prices is not well established in social accounting practice. Production accounts are constructed for the United States in current and constant prices, including social product and social factor outlay, for the period 1929–1967. The resulting estimates are applied to the measurement of total factor productivity and the study of the responsiveness of product and factor intensities to price changes.

Suggested Citation

  • Laurits R. Christensen & Dale W. Jorgenson, 1970. "U.S. Real Product And Real Factor Input, 1929–1967," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 16(1), pages 19-50, March.
    • Handle: RePEc:bla:revinw:v:16:y:1970:i:1:p:19-50
    DOI: 10.1111/j.1475-4991.1970.tb00695.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4991.1970.tb00695.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1475-4991.1970.tb00695.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:16:y:1970:i:1:p:19-50. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iariwea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.