Index Numbers: Essays in Honour of Sten Malmquist PDF Download

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Index Numbers: Essays in Honour of Sten Malmquist

Index Numbers: Essays in Honour of Sten Malmquist PDF Author: Rolf Färe
Publisher: Springer Science & Business Media
ISBN: 9401148589
Category : Business & Economics
Languages : en
Pages : 286

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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.