Composition of Material Price Indices for Operation and Maintenance, Navy Budgetary Account

Abstract

A price index for the Operation and Maintenance, Navy budgetary account is developed for the period 1965 to 1975. Component price indices are presented for four object classifications of the account. These indices are compared with price indices used by the Congressional Budget Office in their Five Year Budget Projections for current services. Pending further research into the construction of an improved O amd M,N index, it is shown that those indices used by the Congressional Budget Office have substantially underestimated the effects of inflation upon the O and M,N account. It is recommended that the developed indices be used for the Congressional Budget Office analysis of the Operation and Maintenance, Navy account.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1976
Accession Number
ADA031871

Entities

People

  • Paul R. Gorman

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Air Platforms
  • Biomedical
  • Ground and Sea Platforms
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Computer Vision
  • Cost Analysis
  • Costs
  • Economic Analysis
  • Electrical Equipment
  • Investments
  • Mathematical Models
  • Munitions
  • National Governments
  • Navy
  • Personnel Management
  • Price Index
  • Recreation
  • Statistical Analysis
  • Surveys
  • Time
  • Transportation

Readers

  • Economics
  • Exercise and Sports Science.
  • Logistics and Supply Chain Management.