Mori, Kota; Chen, Joe; Choi, Yun Jeong; Sawada, Yasuyuki; … - In: Economics Bulletin 32 (2012) 4, pp. 2710-2715
This note introduces a generalized version of multi-component decomposition method, which disintegrates a growth rate of an index into the roles of individual components. The method can be applied to two classes of indices: the additive-product form and the product-additive form. The application...