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THE NATIONALIZED INDUSTRIES AND THE RETAIL PRICE INDEX 1962–1978
Author(s) -
JONES TREFOR T.
Publication year - 1980
Publication title -
journal of consumer studies and home economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.775
H-Index - 71
eISSN - 1470-6431
pISSN - 0309-3891
DOI - 10.1111/j.1470-6431.1980.tb00356.x
Subject(s) - index (typography) , price index , wholesale price index , consumer price index (south africa) , producer price index , welfare , retail sales , economics , agricultural economics , consumer welfare , business , monetary economics , price level , market economy , macroeconomics , marketing , mid price , monetary policy , world wide web , computer science
This paper explores the impact of nationalized industries upon the Retail Price Index. It shows that the prices of nationalized industries have increased at a faster rate than those for all retail prices and examines reasons for these differences. It also discusses why the prices of nationalized industries appear to play a role in determining consumer welfare larger than their statistical significance in household budgets.