Dear AFEE folks,
I'm working on a project where we are estimating physical potential economic output of specific manufactured goods.
I've already identified the firms that could likely 'do the work' using a mix of Census data, NAICS coding, and proprietary firm data.
From the latter I have data on the economic value (Revenues) of output at the firm and industry level but would prefer to be able to present findings in terms of physical output (e.g., Tonnes of manufactured output).
There's virtually no lit on this that I can find on how to go about doing this in a
practical way. There are a couple of papers on Chinese physical capacity that I've found (clearly targeted towards the potential of military
production) but almost nothing else.
So here's my question;
I'm sure that a lot of thought was put into this problem during the early days of the second world war. E.g., "How many tanks can this Ford car plant turn out
in a week"? Does anybody know of where I might find some published description of the processes that economists of the era employed to do this?
I know that Veblen worked on this kind of stuff during World War I but that process seems to have been pretty unscientific. (At least Veblen didn't go into any
detail that I can find.)
Given that there are a couple 100 firms that I've identified I'm hoping to find something better than 'just go ask them'.
Dr. Thomas Kemp
Chair and Professor
Department of Economics
University of Wisconsin - Eau Claire
Eau Claire, WI 54702
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