Index Numbers in Economic Theory and Practice PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Index Numbers in Economic Theory and Practice PDF full book. Access full book title Index Numbers in Economic Theory and Practice by R. G. D. Allen. Download full books in PDF and EPUB format.
Author: R. G. D. Allen
Publisher: Transaction Publishers
ISBN: 9780202362540
Category : Business & Economics
Languages : en
Pages : 290
Get Book Here
Book Description
There is no book currently available that gives a comprehensive treatment of the design, construction, and use of index numbers. However, there is a pressing need for one in view of the increasing and more sophisticated employment of index numbers in the whole range of applied economics and specifically in discussions of macroeconomic policy. In this book, R. G. D. Allen meets this need in simple and consistent terms and with comprehensive coverage. The text begins with an elementary survey of the index-number problem before turning to more detailed treatments of the theory and practice of index numbers. The binary case in which one time period is compared with another is first developed and illustrated with numerous examples. This is to prepare the ground for the central part of the text on runs of index numbers. Particular attention is paid both to fixed-weighted and to chain forms as used in a wide range of published index numbers taken mainly from British official sources. This work deals with some further problems in the construction of index numbers, problems which are both troublesome and largely unresolved. These include the use of sampling techniques in index-number design and the theoretical and practical treatment of quality changes. It is also devoted to a number of detailed and specific applications of index-number techniques to problems ranging from national-income accounting, through the measurement of inequality of incomes and international comparisons of real incomes, to the use of index numbers of stock-market prices. Aimed primarily at students of economics, whatever their age and range of interests, this work will also be of use to those who handle index numbers professionally. R. G. D. Allen (1906-1983) was Professor Emeritus at the University of London. He was also once president of the Royal Statistical Society and Treasurer of the British Academy where he was a fellow. He is the author of Basic Mathematics, Mathematical Analysis for Economists, Mathematical Economics and Macroeconomic Theory.
Author: R. G. D. Allen
Publisher: Transaction Publishers
ISBN: 9780202362540
Category : Business & Economics
Languages : en
Pages : 290
Get Book Here
Book Description
There is no book currently available that gives a comprehensive treatment of the design, construction, and use of index numbers. However, there is a pressing need for one in view of the increasing and more sophisticated employment of index numbers in the whole range of applied economics and specifically in discussions of macroeconomic policy. In this book, R. G. D. Allen meets this need in simple and consistent terms and with comprehensive coverage. The text begins with an elementary survey of the index-number problem before turning to more detailed treatments of the theory and practice of index numbers. The binary case in which one time period is compared with another is first developed and illustrated with numerous examples. This is to prepare the ground for the central part of the text on runs of index numbers. Particular attention is paid both to fixed-weighted and to chain forms as used in a wide range of published index numbers taken mainly from British official sources. This work deals with some further problems in the construction of index numbers, problems which are both troublesome and largely unresolved. These include the use of sampling techniques in index-number design and the theoretical and practical treatment of quality changes. It is also devoted to a number of detailed and specific applications of index-number techniques to problems ranging from national-income accounting, through the measurement of inequality of incomes and international comparisons of real incomes, to the use of index numbers of stock-market prices. Aimed primarily at students of economics, whatever their age and range of interests, this work will also be of use to those who handle index numbers professionally. R. G. D. Allen (1906-1983) was Professor Emeritus at the University of London. He was also once president of the Royal Statistical Society and Treasurer of the British Academy where he was a fellow. He is the author of Basic Mathematics, Mathematical Analysis for Economists, Mathematical Economics and Macroeconomic Theory.
Author: Bert M. Balk
Publisher: Cambridge University Press
ISBN: 1107404967
Category : Business & Economics
Languages : en
Pages : 301
Get Book Here
Book Description
This book is the first comprehensive text on index number theory since Irving Fisher's 1922 The Making of Index Numbers. The book covers intertemporal and interspatial comparisons; ratio- and difference-type measures; discrete and continuous time environments; and upper- and lower-level indices. Guided by economic insights, this book develops the instrumental or axiomatic approach.
Author: International Statistical Institute
Publisher:
ISBN:
Category : Index numbers (Economics)
Languages : en
Pages : 40
Get Book Here
Book Description
Author: Keith T. Maunders
Publisher:
ISBN:
Category : Index numbers (Economics)
Languages : en
Pages : 215
Get Book Here
Book Description
Author: D.S. Prasada Rao
Publisher: Springer
ISBN: 1349235946
Category : Business & Economics
Languages : en
Pages : 250
Get Book Here
Book Description
'An authoritative survey with exciting new insights of special interest to economists and econometricians who analyse intertemporal and interspatial price relationships.' - Professor Angus Maddison, Groningen University This book presents a comprehensive review of recent developments in the theory and construction of index numbers using the stochastic approach, demonstrating the versatility of this approach in handling various index number problems within a single conceptual framework. It also contains a brief, but complete, review of the existing approaches to index numbers with illustrative numerical examples. The stochastic approach considers the index number problem as a signal extraction problem. The strength and reliability of the signal extracted from price and quantity changes for different commodities depends upon the messages received and the information content of the messages. The most important applications of the new approach are to be found in the context of measuring rate of inflation; fixed and chain base index numbers for temporal comparisons and for spatial intercountry comparisons; the latter generally require special index number formulae that result in transitive and base invariant comparisons.
Author: Rolf Färe
Publisher: Springer Science & Business Media
ISBN: 9401148589
Category : Business & Economics
Languages : en
Pages : 286
Get Book Here
Book Description
Professor Sten Malmquist constructed the Malmquist quantity index and in doing so developed a distance function defined on a consumption space. This function is the consumer analog to the Shephard input distance function of producers and is used in ratio form to define the quantity index. This volume contains new contributions based on Malmquist's work nearly 50 years ago and provides modern perspectives on the value of this research.
Author: W. F. Maunder
Publisher: Burns & Oates
ISBN:
Category : Index numbers (Economics)
Languages : en
Pages : 258
Get Book Here
Book Description
Author: Barbara L. Bell
Publisher: Walter de Gruyter
ISBN: 3110954575
Category : Language Arts & Disciplines
Languages : en
Pages : 524
Get Book Here
Book Description
Author: Satya R. Chakravarty
Publisher: Springer Science & Business Media
ISBN: 364275502X
Category : Business & Economics
Languages : en
Pages : 321
Get Book Here
Book Description
In this book we are concerned with income profile based ethical social index numbers. An ethical index is designed from an explicit social evaluation function with a specific purpose in mind. For example, an ethical relative inequality index determines the fraction of total income that could be saved without any welfare loss if society distri buted incomes equally. Ethical indices contrast with descriptive indices which are de rived without using any concept of social welfare. Needless to say, ethical indices are not meant to supplant descriptive indices, rather they are constructed with different aims. We begin Chapter 1 with a formal discussion on the concept of a social evaluation function. In the main body of this chapter we consider the problem of ranking income profiles using a social evaluation function. In Chapter 2 we set about analyzing alter native approaches to the measurement of inequality. In Chapter 3 we focus our attention on the Gini index, the most frequently used index of inequality, and its extensions. In Chapter 4 we formulate the notion of an ethical distance function that measures welfare of one population relative to another. Chapter 5 is devoted to quantifications and discussions of alternative definitions of relative deprivation put forward by Runci man(1966).
Author: Sergiy Nezhurbida
Publisher: Vernon Press
ISBN: 1622733770
Category : Law
Languages : en
Pages : 375
Get Book Here
Book Description
The Bibliographic Index EUGEN EHRLICH is a guide through available materials containing information about the life, scientific, educational, legislative and social activities of the Austrian lawyer and university professor in the period of 1896-1918. Eugen Ehrlich was the Dean in 1901-1902 and 1908-1909 and the Vice-Dean of the Faculty of Law in 1902-1903 and 1909-1910, the Vice-Rector in 1907-1908, and the Rector of Franz Joseph University in Czernowitz in 1906-1907 (now Ukrainian: Chernivtsi). Moreover, ex officio, he was a member of the local parliament. The Index includes the foreword of the compilers, an introductory article, a selected basic chronology with the dates of the life and work of Eugen Ehrlich, and the four main structural parts: “List of works by Eugen Ehrlich”, “Eugen Ehrlich as editor”, “Literature about Eugen Ehrlich’s life and activity” and “Appendices: Documents from Chernivtsi University Scientific Library holdings”. “List of works by Eugen Ehrlich”, “Periodicals with Eugen Ehrlich's publications”, “List of used periodicals”, and “Name index” are all provided for the convenience of users. The “Name index” includes all the names recorded in the main text of the publication (numbers of bibliographic records of works devoted to individual persons are enclosed in parentheses). The book contains photographs of Eugen Ehrlich and photographs of materials linked to his life and activities. They have made the bibliographic index more attractive and more interesting for readers. The Index can help users find necessary documents and verify the accuracy of existing information, that it becomes a prerequisite for further research, and finally, it will be useful to all who are interested in Eugen Ehrlich’s life journey and scientific legacy.
