Entwicklung der Industriewirtschaft seit der Kolonialzeit; rasches Anwachsen von Produktion und Beschäftigung in der nachkolonialen Phase; Rolle der parafiskalen Unternehmen
In: The journal of modern African studies: a quarterly survey of politics, economics & related topics in contemporary Africa, Band 17, Heft 3, S. 510-511
The treatment of new products (industries) in the compilation of the index of industrial production is discussed. In short, their contribution is either completely ignored or only haphazardly accounted for, & this often produces a serious downward bias in the index. The problem is particularly important where major new industries are introduced. A new method is proposed & its implementation discussed. Empirical results for Tanzania & Iraq illustrate the importance of this problem for developing countries. Modified HA.