The apples and oranges theorem for price indices

Matthijs van Veelen

Economics Letters, 2009, vol. 103, issue 1, 12-14

Abstract: The question is whether or not there is a generally meaningful way to compute price indices. I explore the duality between price and quantity indices, and present an impossibility result that is analogous to the one for quantity indices.

Keywords: Price; index; True; index; Homothetic; utility; functions; Impossibility; theorem (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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