Comment on Different Approaches to Index Number Theory

Walter Diewert and Robert Hill ()

Economics working papers from Vancouver School of Economics

Abstract: Van Veelen and van der Weide (2008) in a recent paper provided some interesting new perspectives on the index number problem. However, the present paper argues that their definitions of a true index and an exact index are different from the standard definitions in the literature. The differences between the various approaches is explained in the present paper.

Keywords: Exact index numbers; true index numbers; multilateral indexes; the Fisher ideal index; cost of living indexes; the measurement of welfare change; dual (search for similar items in EconPapers)
JEL-codes: C43 D11 D12 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2009-01-21, Revised 2009-01-21
New Economics Papers: this item is included in nep-cba
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.econ.ubc.ca/diewert/dp0905.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
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:ubc:bricol:erwin_diewert-2009-5

Access Statistics for this paper

More papers in Economics working papers from Vancouver School of Economics
Bibliographic data for series maintained by Maureen Chin ().