4. Consumption: The Productive Capacity of the Economy

Chapters in this book

1. Frontmatter I
2. Contents VII
3. Acknowledgements IX
4. 1. Introduction 1
5. Part I: Theory
6. 2. Consumption: The Welfare of the Representative Consumer 12
7. 3. Consumption: The Welfare of the Community 34
8. 4. Consumption: The Productive Capacity of the Economy 53
9. 5. Investment 65
10. 6. Depreciation 99
11. 7. Imputations 119
12. 8. Quantity and Quality 148
13. 9. Index Numbers 167
14. Part II: Applications
15. 10. Measuring Real Consumption from Quantity Data 186
16. 11. An Imputation for Changes in Life Expectancy 223
17. 12. No Technical Change, No Growth 259
18. 13. Alternative Measures of the Rate of Economic Growth in Canada, 1926 to 1974 293
19. Index 304