Measuring the Impact of Free Goods on Real Household Consumption

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 (Author), Collis, Avinash (Author), Diewert, W. Erwin (Author), Eggers, Felix (Author), Fox, Kevin J. (Author)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2022-01-07T14:32:58Z.
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