ABSTRACT
This chapter presents a table that lists a set of three indexes weighted by 1925, 1933, and 1952 unit gross prices. It was hoped that by using different price weights we could observe different patterns and rates of growth over the period concerned. During the wartime years, however, changes in weight bases do show some divergence. The 1925 price structure, as compared with those for 1933 and for 1952, gives relatively more weight to the consumer products. Prices of crude oil, iron ore, pig iron, steel, and some other mineral products for 1925 were below those of 1933. This 1925 price structure, coupled with the fact that the consumer goods industries included in the indexes suffered substantial declines during the war years, accounts in large part for the fact that the 1925-weighted gross output index falls far below those weighted by 1933 or 1952 prices.
