Abstract
This chapter discusses the way that assumptions about wage costs, taxes, and import prices are combined to form the deflators for the various categories of demand. These price indices cover industrial gross output, domestically produced commodities, domestically absorbed commodities, and the different categories of consumers’ and current government expenditure. The price indices for exports, though partly based on the price of domestically produced commodities, are dealt with in Chapter 6.
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© 1976 Richard Stone, T.S. Barker, D.A. Livesey, A.S. Deaton, A.W.A. Peterson, L.A. Winters, J.A. Beath, V.H. Woodward and M.A. King
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Beath, J.A. (1976). Prices and Profits. In: Barker, T.S. (eds) Economic Structure and Policy. Cambridge Studies in Applied Econometric, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-5764-0_9
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DOI: https://doi.org/10.1007/978-94-009-5764-0_9
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-009-5766-4
Online ISBN: 978-94-009-5764-0
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