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Due to outdated weighting information, a Laspeyres-based consumer price index (CPI) is prone to accumulating upward …. In a case study, the approaches are applied to a Laspeyres-based CPI. The empirical results confirm the theoretical …
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The extent to which inflation has eroded the real purchasing power of public agricultural research budgets is poorly understood. Official Government research and development (R&D) statistics use the gross national product (GNP) deflator to express research expenditures in constant dollars,...
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standard Laspeyres, Paasche and Fisher indexes (fixed base and chained) for the years 1998-2002 and then compares these indexes …
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output framework when Laspeyres or Paasche indexes are used to aggregate outputs and inputs. Basically, as the input base …
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