Decomposing the Changes of the Divisia Price Index: Application to Inflation in the Philippines

Tomoki Fujii

No 06-2011, Working Papers from Singapore Management University, School of Economics

Abstract: We propose a method to decompose the logarithmic change of the Divisia price index into the pure price effect, the prefernce effect and the substitution effect. Our empirical results in the Philippines shows the effects of preference change on the Divisia price index are heterogeneous but positive across all regions and income deciles. However, they are dominated by the pure price effect.

Keywords: Divisia price index; preference change; decomposition; Philippines (search for similar items in EconPapers)
JEL-codes: E31 I32 O10 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2011-03
New Economics Papers: this item is included in nep-mac and nep-sea
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published in SMU Economics and Statistics Working Paper Series

Downloads: (external link)
https://mercury.smu.edu.sg/rsrchpubupload/18652/divisia_06-2011.pdf
Our link check indicates that this URL is bad, the error code is: 500 Server closed connection without sending any data back

Related works:
Journal Article: Decomposing the changes of the Divisia price index: application to inflation in the Philippines (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:siu:wpaper:06-2011

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers from Singapore Management University, School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by QL THor ().