A Restricted-Domain Multilateral Test Approach To The Theory Of International Comparisons

Keir Armstrong

International Economic Review, 2003, vol. 44, issue 1, 31-86

Abstract: This article develops a novel multilateral test approach to the problem of international comparisons. Many of the associated tests are justified as "reasonable" using the fact that they are direct analogues to properties of the cost-of-living index. Further support is bestowed upon the new approach by showing that it is equivalent to an extended version of Diewert's (1986) multilateral test approach. Finally, a number of alternative multilateral comparison formulas are evaluated and the relative superiority of two of them is established. Copyright 2003 By The Economics Department Of The University Of Pennsylvania And Osaka University Institute Of Social And Economic Research Association

Date: 2003
References: Add references at CitEc
Citations:

Downloads: (external link)
http://openurl.ingenta.com/content?genre=article&i ... 8&volume=44&spage=31 (application/pdf)
Free access to full text is restricted to Ingenta subscribers.

Related works:
Working Paper: A Restricted-Domain Multilateral Test Approach to the Theory of International Comparisons (1996)
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:ier:iecrev:v:44:y:2003:i:1:p:31-86

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0020-6598

Access Statistics for this article

International Economic Review is currently edited by Harold L. Cole

More articles in International Economic Review from Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association 160 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297. Contact information at EDIRC.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and ().