Measuring the Impact of Free Goods on Real Household Consumption

Measuring the Impact of Free Goods on Real Household Consumption

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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,...

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Bibliographic Details
Main Authors:	Brynjolfsson, Erik, Collis, Avinash, Diewert, W. Erwin, Eggers, Felix, Fox, Kevin J.
Format:	Article
Language:	English
Published:	American Economic Association 2021
Online Access:	https://hdl.handle.net/1721.1/137460

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