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Reconstructing The Past: The Measurement Of Aggregate Product

Fenoaltea, Stefano (2020): Reconstructing The Past: The Measurement Of Aggregate Product.

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Abstract

This paper summarizes the author’s considerations on the measurement of a national economy’s historical aggregate product. Given the sources from which we can start, and the objective we wish to reach, the proper path follows logically; the extant corpus of historical national accounts seems to follow a very different path, uninformed by due reflection.

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