Comparisons of real output in manufacturing (English)

This study is concerned with the conceptual and measurement problems which arise in comparisons of levels of per capita output and productivity in different countries. The author stresses the reliance of standarized valuations of the different elements of output rather than official exchange rates when making comparisons. Two approaches are noted; (1) the expenditure approach and (2) the production approach. The production approach, discussed here...
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Citation

Maddison, Angus; van Ark, Bart.

Comparisons of real output in manufacturing (English). Policy, Planning and Research Department working papers ; no. WPS 5 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/452431468739206636

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