Page "Productivity" Paragraph 89

Development in the real process, income distribution process and production process can be illustrated by means of time series.

( Kendrick 1984, 64.

Saari 2006, 5 ) The principle of a time series is to describe, for example, the profitability of production annually by means of a relative surplus value and also to explain how profitability was produced as a consequence of productivity development and income distribution.

A time series can be composed using the chain indexes as seen in the following.