INTERNATIONAL COMPARISONS OF REAL PRODUCT AND ITS COMPOSITION: 1950–77

Abstract

Structural relationships estimated from data obtained in a benchmark study of the expenditures and prices of 16 countries are used to develop a table of real gross domestic product and shares of gross domestic product devoted to private and public consumption and investment for each of over 100 countries in the years 1950 and 1960 through 1977. Price level estimates for total product and the three components are also provided.