Production, Distribution, and Allocation of the National Economy

Yue Wei

Chinese Economy, 1982, vol. 16, issue 2, 3-19

Abstract: Few economic indicators illustrate the total activity of an economy and the ratios of growth between economic sectors better than the national income index. Whether a problem concerns the level of economic development or national strength, or the ratios among production, construction, and accumulation, or whether it relates to state budget, credit balance, or market supply and demand, if there is no comprehensive and systematic study of production, distribution, and allocation of the national income or analysis of the process of social reproduction, then in a maze of intricate economic activities it would be difficult to grasp a real picture of the economy.

Date: 1982
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