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The impact of the Paasche-Laspeyres choice upon econometric results

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The Impact of the Paasche-Laspeyres Choice Upon Econometric Results

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London in the Age of Industrialisation: Entrepreneurs, Labour Force and Living Conditions, 1700–1850. By L. D. Schwarz. Cambridge: Cambridge University Press, 1992. Pp. xv, 285. $5...

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The Impact of the Paasche-Laspeyres Choice upon Econometric Results.

Gandar, John; Loschky, David - In: Empirical Economics 20 (1995) 2, pp. 265-69

Does it make any difference to econometric results whether ones uses the Laspeyres or Paasche index? In general, the divergence between these two is small, suggesting that index choice makes little difference to econometric results. We estimate 72 Malthusian models and because the Paasche and...

Persistent link: https://www.econbiz.de/10005382416