Economic Analysis of Production Price Indexes PDF Download
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Author: Franklin M. Fisher
Publisher: Cambridge University Press
ISBN: 9780521554169
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
This is a book on the theory behind the construction of production index numbers. Well-known examples of such indexes are the Gross Domestic Product, the Producer Price Index, and labor productivity. Fisher and Shell provide the analysis behind this class of index numbers. They treat separately the different production units and different forms of industrial organization. They show the direction of bias in traditionally calculated index numbers and how biases can affect fundamental conclusions about the growth or stagnation of the economy.
Author: Franklin M. Fisher
Publisher: Cambridge University Press
ISBN: 9780521554169
Category : Business & Economics
Languages : en
Pages : 240
Get Book Here
Book Description
This is a book on the theory behind the construction of production index numbers. Well-known examples of such indexes are the Gross Domestic Product, the Producer Price Index, and labor productivity. Fisher and Shell provide the analysis behind this class of index numbers. They treat separately the different production units and different forms of industrial organization. They show the direction of bias in traditionally calculated index numbers and how biases can affect fundamental conclusions about the growth or stagnation of the economy.
Author: Bert M. Balk
Publisher:
ISBN:
Category :
Languages : en
Pages : 9
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Book Description
Author: Franklin M. Fisher
Publisher: Cambridge University Press
ISBN: 9780521556231
Category : Business & Economics
Languages : en
Pages : 242
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Book Description
This work on index-number construction focuses on production indexes, including output and input deflators that can be used for constructing real output and real input. The authors treat separately the different production units: the firm, the industry, and the economy, as well as the different forms of industrial organization: monopoly, monopsony, and competition. Only in the simplest cases is the appropriate theory isomorphic to that of the cost-of-living index because of the interlinkages among the various production units. A firm cannot always assume that the behaviour of its competitors, suppliers, and customers will be unaffected by price changes and only in special cases can an industry take supply and demand conditions as given.
Author: Gerard Lagace
Publisher:
ISBN:
Category : Energy industries
Languages : en
Pages : 64
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Book Description
Author: United States. Bureau of Economic Analysis
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 754
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Book Description
Vols. for Nov. 1968- include an advance release of the expanded summary table (table 1).
Author: OECD
Publisher: OECD Publishing
ISBN: 9264175776
Category :
Languages : en
Pages : 88
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Book Description
This publication compares key aspects of statistical methodologies used by OECD member countries in the compilation of price indicators.
Author: John F. Early
Publisher:
ISBN:
Category : Price indexes
Languages : en
Pages : 13
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Book Description
Author: Statistical Institute of Jamaica
Publisher:
ISBN:
Category :
Languages : en
Pages : 12
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Book Description
Author: Ana Aizcorbe
Publisher: Oxford University Press (UK)
ISBN: 0198702426
Category : Business & Economics
Languages : en
Pages : 133
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Book Description
An accessible text introducing methods that are used to measure price trends for specific industries or goods. The focus is on price index and hedonic techniques, the two methods most widely used by researchers and industry practitioners.
Author: W. Erwin Diewert
Publisher: University of Chicago Press
ISBN: 0226148572
Category : Business & Economics
Languages : en
Pages : 531
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Book Description
Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.
