1976•The Quarterly Journal of EconomicsRequires access

On the Welfare Significance of National Product in a Dynamic Economy

Martin L. Weitzman

Open publisher page 901 citations

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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What this paper is about

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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OpenAlex reports 901 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available 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.

Key concepts: Economics, Welfare, Proposition, Product (mathematics), National economy, Neoclassical economics, Keynesian economics, Economy

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