||Downes, Andrew; Lavine, Wilbur (1995)
This paper examines the principles underlying the development of a production cost index for the manufacturing sector of Barbados. This paper forms part of an outgoing study which involves the calculation of such an index. The principles underlying a production cost index are examined. These principles not only guide the construction of the index but also aid in its interpretation. Some preliminary data on production cost in the manufacturing sector are provided. The final section outlines the future development of the research project.