{"title":"On the problem of the purchasing power of money by A. A. Konüs and S. S. Byushgens: translation and commentary","authors":"Erwin Diewert, Valentin Zelenyuk","doi":"10.1007/s11123-023-00696-x","DOIUrl":null,"url":null,"abstract":"Abstract In 1939, Econometrica published an English translation of Konüs (1924). Since then, Konüs (1924 [1939]) has become a classic work on the theory of the cost of living index , inspiring many other studies in the field. On the other hand, very few scholars have had the opportunity to read another, equally important, work by Konüs (co-authored with Byushgens) published in 1926 by the same Institute. This other paper of Konüs also pioneered several fundamental concepts and results in economics (including duality theory, the theory of inverse demand functions and the theory of exact index numbers), yet somehow it appears that it has never been translated into English (or any other language). We bridge this gap by offering a translation and a commentary on this important paper.","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"65 1","pages":"0"},"PeriodicalIF":2.3000,"publicationDate":"2023-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Productivity Analysis","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1007/s11123-023-00696-x","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Abstract In 1939, Econometrica published an English translation of Konüs (1924). Since then, Konüs (1924 [1939]) has become a classic work on the theory of the cost of living index , inspiring many other studies in the field. On the other hand, very few scholars have had the opportunity to read another, equally important, work by Konüs (co-authored with Byushgens) published in 1926 by the same Institute. This other paper of Konüs also pioneered several fundamental concepts and results in economics (including duality theory, the theory of inverse demand functions and the theory of exact index numbers), yet somehow it appears that it has never been translated into English (or any other language). We bridge this gap by offering a translation and a commentary on this important paper.
期刊介绍：
The Journal of Productivity Analysis publishes theoretical and applied research that addresses issues involving the measurement, explanation, and improvement of productivity. The broad scope of the journal encompasses productivity-related developments spanning the disciplines of economics, the management sciences, operations research, and business and public administration. Topics covered in the journal include, but are not limited to, productivity theory, organizational design, index number theory, and related foundations of productivity analysis. The journal also publishes research on computational methods that are employed in productivity analysis, including econometric and mathematical programming techniques, and empirical research based on data at all levels of aggregation, ranging from aggregate macroeconomic data to disaggregate microeconomic data. The empirical research illustrates the application of theory and techniques to the measurement of productivity, and develops implications for the design of managerial strategies and public policy to enhance productivity.
Officially cited as: J Prod Anal
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