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Some considerations regarding the use of the fix and chained basis indices

Constantin Anghelache, Alexandru Manole, Ion Pârțachi and Lorand Kralik
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Constantin Anghelache: “Artifex” University, Bucharest / The Bucharest University of Economic Studies
Alexandru Manole: “Artifex” University, Bucharest
Ion Pârțachi: Academy of Economic Studies of Moldavia, Chisinău

Theoretical and Applied Economics, 2012, vol. XVIII(2012), issue 12(577), 53-60

Abstract: In the authors meaning, this work submits the merits of utilizing the chain based system for building up the price indices within the time series comparatively with the utilization of the fix base system. Meantime, the authors are emphasizing the different properties, axioms or tests, which might be satisfied by an index formula.

Keywords: chain; quantity; formula; measurement; index. (search for similar items in EconPapers)
Date: 2012
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Handle: RePEc:agr:journl:v:12(577):y:2012:i:12(577):p:53-60