Spatial Variation in Prices and Expenditure Inequalities in Australia

Ankita Mishra and Ranjan Ray

The Economic Record, 2014, vol. 90, issue 289, 137-159

Abstract: type="main" xml:id="ecor12109-abs-0001">

This study proposes a method of calculating preference-based spatial price indices that measure price variation between regions. It shows how the traditional concept of the ‘true cost of living index’, used in temporal price comparisons, can also be used in spatial price comparisons. The usefulness of the proposed procedures is illustrated by applying them to Australian household expenditure data. The results show that during the past two decades spatial price variation has increased steadily, with the most recent period (2005–2009) witnessing a large increase. The results also show that the ranking of the states, on both cost of living and inequality, has altered significantly over the past two decades.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://hdl.handle.net/10.1111/ecor.2014.90.issue-289 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Spatial Variation in Prices and Expenditure Inequalities in Australia (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:bla:ecorec:v:90:y:2014:i:289:p:137-159

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0249

Access Statistics for this article

The Economic Record is currently edited by Paul Miller, Glenn Otto and Martin Richardson

More articles in The Economic Record from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().