Prices, Real Value Added and Productivity in Dutch Manufacturing, 1921-1960

Herman J. de Jong
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Herman J. de Jong: Groningen University

No 199304, GGDC Research Memorandum from Groningen Growth and Development Centre, University of Groningen

Abstract: This paper describes the results of a study on prices, real output and productivity for the Dutch manufacturing sector in the period 1921-1960. Use was made of the production statistics: an annual survey by the Dutch Central Bureau of Statistics of important manufacturing industries. The frequency of the survey allows us to construct time series for gross value added, input and output prices, and productivity by major group of industry. To deflate output and input values specific long term price indexes were constructed, based on the industry-of-origin method. Double and single deflated time series of gross value added and productivity are constructed and analysed.

Date: 1993
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