starting in 1940. In order to do so, we propose a new methodology for the construction of index numbers in panel data sets. Our … method is based on an optimal approach by which we choose the 'best' set index numbers by minimizing the expected estimation …

This paper describes a new, industry-adjusted index of state environmental compliance costs from 1977 to 1994. The … index has two principal advantages: it controls for states' industrial compositions, and it can be calculated for 17 years … and 1994. Third, this cost index is negatively correlated with subjective indices of state environmental efforts compiled …

by constructing an index of technology availability in hospitals. Our index is based on the number of services provided … by a hospital, weighted by how rare those services are. We use the index to examine the relationship between managed care … than growth in lower market share areas. To the extent that our index captures variation in the costs of new technologies …

This paper develops and characterizes an index of trade policy restrictiveness defined as the uniform tariff equivalent … volume-equivalent index to the Trade Restrictiveness Index welfare-equivalent measure changes in the generalised mean and … that the new index frequently gives a very different picture than do standard indexes …

treatment, rather than prices of fixed bundles of inputs. We outline features of a proposed new experimental price index -- a … medical care expenditure price index -- that is more suitable for evaluation and analyses of medical care cost changes, than …

divide nominal expenditures by an official government price index to decompose these expenditures into price and quantity … components. In this paper we construct a new price index for the treatment of one illness depression. Making use of results from … regardless of which index number procedure is employed time period the treatment price index for the acute phase of major …