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Persistent link: https://www.econbiz.de/10000553588
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates …-homothetic case, these indexes are superior both to Fisher's "ideal" index and to the consumer surplus approximation …
Persistent link: https://www.econbiz.de/10013320337
Persistent link: https://www.econbiz.de/10012307310
underlying indicators for the index, the weights assigned to the indicators, as well as the aggregation process. It also reviews …-based indicators, although poverty is multidimensional in nature. Various work on generating a multidimensional poverty index (MPI) has … added in producing a composite index of poverty. Just because poverty is multi-dimensional need not mean that its …
Persistent link: https://www.econbiz.de/10011993211
Here, we consider the problem of aggregation of efficiency and productivity indices. We will summarize some of the … existing results and will derive new results for aggregation of Hicks-Moorsteen productivity indices. …
Persistent link: https://www.econbiz.de/10012175867
The paper provides a rigorous derivation of the "welfare triangle approximation" (WTA), which is at the center of cost benefit analysis. The result is generalized by showing that the WTA is one of two dual expressions, one of which approximates the change in real consumption, the other the...
Persistent link: https://www.econbiz.de/10014178559
The paper provides a rigorous derivation of the "welfare triangle approximation" (WTA), which is at the center of cost benefit analysis. The result is generalized by showing that the WTA is one of two dual expressions, one of which approximates the change in real consumption, the other the...
Persistent link: https://www.econbiz.de/10014140526
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates …-homothetic case, these indexes are superior both to Fisher's "ideal" index and to the consumer surplus approximation …
Persistent link: https://www.econbiz.de/10014076165
factor productivity growth (TFPG) index. These are easiest to understand for the case in which the index number problem is … demonstrate that a Paasche, Laspeyres or Fisher index number formula provides a measure for all four of the concepts of TFPG … approaches to index formula choice are reviewed. In addition, we briefly cover the Divisia index number approach and growth …
Persistent link: https://www.econbiz.de/10014024949
Persistent link: https://www.econbiz.de/10009764870