{"title":"Of Economics and Statistics: the \"Gerschenkron Effect\"","authors":"S. Fenoaltea","doi":"10.13133/2037-3643_72.290_2","DOIUrl":null,"url":null,"abstract":"The \"Gerschenkron effect\" refers to the purported biases of early-weighted and late-weighted indices of production. If production is properly measured in what economists mean by \"real\" terms, the \"Gerschenkron effect\" does not exist at all.","PeriodicalId":44488,"journal":{"name":"PSL Quarterly Review","volume":null,"pages":null},"PeriodicalIF":0.7000,"publicationDate":"2019-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"PSL Quarterly Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.13133/2037-3643_72.290_2","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 5
Abstract
The "Gerschenkron effect" refers to the purported biases of early-weighted and late-weighted indices of production. If production is properly measured in what economists mean by "real" terms, the "Gerschenkron effect" does not exist at all.
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