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Ladislaus von Bortkiewicz has criticized chain indices and Irving Fisher's time and factor reversal tests. However, his arguments (published in German articles) though well ahead of his time and still relevant today are widely fallen in oblivion. He was not the only German statistician who...
Persistent link: https://www.econbiz.de/10011265679
Once a business opts to purchase rather than produce an input, it can also change the source from which the product is procured. Producer price index programs face problems in dealing with price changes associated with sourcing changes. We present measures for price index bias due to sourcing...
Persistent link: https://www.econbiz.de/10008455592
To analyse the consequences of the changing economic structure of the UK, we need a set of statistics broken down by industry that are consistent with the whole economy measures available from the national accounts. The theory of growth accounting then provides a framework in which the...
Persistent link: https://www.econbiz.de/10010746112
Tanulmányunkban az Európai Unió tagországainak, az Egyesült Államok, Japán és Magyarország gazdasági erejét, súlyát, dinamikáját, struktúráját hasonlítjuk össze. Az elemzés alapjául a gazdaság szektorai vagy ágazatai szolgáltak. Felmérésünk kiindulópontjai a (TEÁOR...
Persistent link: https://www.econbiz.de/10010962673
In this paper we compute performance indices like those from Mereuta et all. (2007) using the eigenvalues and the eigenvectors of the variance-covariance matrix of these indices. The eigenvalues are used in this paper to give natural weights to the performance indices in order to compute the...
Persistent link: https://www.econbiz.de/10008493604
This paper examines the feasibility of constructing a consistent set of multilateral comparisons of manufacturing sector output and productivity within the framework of the ICOP project. A major objective of the paper is to construct truly multilateral comparisons using the existing data base of...
Persistent link: https://www.econbiz.de/10005661369
This paper develops a novel multilateral test approach to the problem of international comparisons. Many of the …
Persistent link: https://www.econbiz.de/10005838407
The paper explains part of the methodology that was used in the 2005 International Comparison Program (ICP) that …
Persistent link: https://www.econbiz.de/10009319731
The paper explains part of the methodology that was used in the 2005 International Comparison Program (ICP) that …
Persistent link: https://www.econbiz.de/10009319732
international differences in quality; the treatment of urban and rural areas of large countries; how to estimate prices for … government services, health, and education; and the effects of the regional structure of the latest International Comparison … warnings. Some international comparisons are close to impossible, even in theory, and in others, the practical difficulties …
Persistent link: https://www.econbiz.de/10008680242