February 1, 1976

On the Welfare Significance of National Product in a Dynamic Economy

Key Points

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Abstract

I. Introduction, 156. — II. A formulation of the problem, 156. — III. What is net national product? 159. — IV. Proof of the main proposition, 160. — V. Unanticipated technological change: an application, 161.

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Cite This Study

Martin L. Weitzman (Sun,) studied this question.

synapsesocial.com/papers/6a16c8cab082e78ad77b928e https://doi.org/https://doi.org/10.2307/1886092

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