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No cross-sectional consumer price index is currently available by state, and the BLS's cross-sectional "family budget …" index for metropolitan areas is not well-suited for cross-state analyses. In this paper we propose an algorithm for … constructing a state-specific Laspeyres price index using conveniently available information from the Census of Business and the …
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on manufacturing output in India and the behaviour of consumer price index. Error correction model, co-integration and … multivariate GARCH model models are used for the analysis. ARDL analysis shows a significant relation between consumer price index … (CPI) and manufacturing index (MI). Also, a significant inverse relation is established between crude oil price with MI and …
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-homothetic case, these indexes are superior both to Fisher's 'ideal' index and to the consumer surplus approximation. …
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NLCPD method to regional price information derived from Germany’s consumer price index micro data. Price levels of the 401 …) method to be biased. In cases where it is not, this index number method is still inefficient and inference is invalid. In …
Persistent link: https://www.econbiz.de/10013460131
Index number theory informs us that if data on matched prices and quantities are available, a superlative index number … formula is best to aggregate heterogeneous items, and a unit value index to aggregate homogeneous ones. The formulas can give … as to why such formulas differ and proposes a solution to this index number problem …
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