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Measuring GDP, 1850–1958: Supply Side

Leandro Prados de la Escosura ()

Chapter Chapter 6 in Spanish Economic Growth, 1850–2015, 2017, pp 63-109 from Palgrave Macmillan

Abstract: Abstract In historical national accounts, as for most developing countries, the most reliable and easiest to estimate GDP figures are those obtained through the production approach. 1 As for most developing countries, real product has been computed from physical indicators rather than as a residual obtained from independently deflated output and inputs.

Keywords: Quantity Index; Laspeyres Quantity; Paasche Price Index; constructionConstruction; Extractive industriesExtractive Industries (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-58042-5_6

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DOI: 10.1007/978-3-319-58042-5_6

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