The theory of economic price and quantity indicators
Bert Balk,
Rolf Färe () and
Shawna Grosskopf
Economic Theory, 2003, vol. 23, issue 1, 149-164
Abstract:
This paper develops the theory of economic price and quantity indicators, being the difference analogue of indexes. The properties of indicators and indexes are compared. Observable bounds for the indicators will be derived, as well as two exactness results for Bennet (1920)-type price and quantity indicators. Copyright Springer-Verlag Berlin/Heidelberg 2003
Keywords: Price and quantity change; Difference measures; Bennet indicators (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:spr:joecth:v:23:y:2003:i:1:p:149-164
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DOI: 10.1007/s00199-003-0364-5
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