| 000 -LEADER |
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| fixed length control field |
01022nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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210129b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Brynjolfsson, Erik |
| 245 ## - TITLE STATEMENT |
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| Title |
Measuring the impact of free goods on real household consumption |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
AEA Papers and Proceedings |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
110, May, 2020: p.25-30 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
We suggest a methodology that allows statistical agencies to form approximations to the benefits that flow to households from new free goods. The present production-oriented GDP measures are not satisfactory for measuring real household consumption and will be increasingly inaccurate as free goods, such as those made possible by the digital revolution, become more important. Advertising expenditures are not an adequate substitute for measuring the benefits of new goods to the household sector. Instead, we need to draw on estimates such as those provided by choice experiments. –Reproduced |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
AEA Papers and Proceedings |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
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| Subject DIP |
CONSUMPTION |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
