Białek, Jacek - In: Statistics in transition : an international journal of … 24 (2023) 3, pp. 151-169
information, we may use the expenditure shares of items as weightsfor calculating price indices at the lowest (elementary) level … data. These indices work on a wholetime window and are transitive, which is key to the elimination of the chain drift … original values, the index becomes one. Unfortunately, the commonly used multilateral indices (GEKS, CCDI, GK, TPD, TDH) do not …