Testing the product test

H. Brea, Emili Grifell-Tatje and C. Lovell

Economics Letters, 2011, vol. 113, issue 2, 157-159

Abstract: The product test asks the product of the volume and price index numbers to equal the corresponding value change. The literature treats the product test as a requirement. We treat it as a hypothesis, and we provide an empirical test.

Keywords: Product test; Index numbers; Profitability change (search for similar items in EconPapers)
JEL-codes: D24 O47 (search for similar items in EconPapers)
Date: 2011
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Working Paper: Testing the Product Test (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:2:p:157-159

DOI: 10.1016/j.econlet.2011.06.017

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