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The unit value index (UVI) as compiled in Germany for exports and imports is compared with two other indices, viz. an index of Drobisch which unfortunately is likewise known as 'unit value index' and the 'normal' Laspeyres price index (PI) of exports and imports. The UVI may be viewed as a...
Persistent link: https://www.econbiz.de/10010742168
Summary With Laspeyres, Paasche and other authors such as Drobisch and Lehr, Germany made quite a promising start in index theory in the last decades of the 19 th century. However, it soon lost ground after this period, which is described in this paper. The focus is not on biographies but on...
Persistent link: https://www.econbiz.de/10014609447
Summary It is often the case that the value of a number of somewhat similar units (e. g., automobiles of a certain general type) is divided by the number of units in order to form a unit value price and these unit value prices are compared over two periods in order to form a unit value price...
Persistent link: https://www.econbiz.de/10014609312
With Laspeyres, Paasche and other authors such as Drobisch and Lehr, Germany made quite a promising start in index theory in the last decades of the 19th century. However, it soon lost ground after this period, which is described in this paper. The focus is not on biographies but on...
Persistent link: https://www.econbiz.de/10010907922
It is often the case that the value of a number of somewhat similar units (e. g., automobiles of a certain general type) is divided by the number of units in order to form a unit value price and these unit value prices are compared over two periods in order to form a unit value price index. This...
Persistent link: https://www.econbiz.de/10008765945
In some countries a Paasche price index based on unit values is compiled as a proxy for a true Paasche (or Laspeyres) price index on the basis of prices. This is for example the case in German foreign trade statistics. Unit values are average prices referring to a 'commodity number' (CN), that...
Persistent link: https://www.econbiz.de/10010303776
The unit value index (UVI) as compiled in Germany for exports and imports is compared with two other indices, viz. an index of Drobisch which unfortunately is likewise known as "unit value index" and the "normal" Laspeyres price index (PI) of exports and imports. The UVI may be viewed as a...
Persistent link: https://www.econbiz.de/10008615008
In some countries a Paasche price index based on unit values is compiled as a proxy for a true Paasche (or Laspeyres) price index on the basis of prices. This is for example the case in German foreign trade statistics. Unit values are average prices referring to a 'commodity number' (CN), that...
Persistent link: https://www.econbiz.de/10008784597