What impact does the choice of formula have on international comparisons?

Keir Armstrong

Canadian Journal of Economics/Revue canadienne d'économique, 2001, vol. 34, issue 3, 697-718

Abstract: In this paper an empirical comparison of a number of alternative multilateral index‐number formulae is undertaken. The magnitude of the effect of choosing one formula over another is ascertained using an appropriate cross‐sectional data set constructed under the auspices of the Eurostat‐OECD Purchasing Power Parity Programme. To this end, a new indicator is proposed that facilitates the measurement of the difference between two sets of bloc consumption shares, each computed using a different multilateral comparison method. JEL Classification: C31, C43, C81, E31, F31, O57 Quel impact est‐ce que le choix des formules a sur les comparaisons internationales? Ce mémoire propose une comparaison empirique d'un certain nombre de formules de nombres‐indices multilatéraux. On tente de jauger la magnitude de l'impact du choix d'une formule plutôt qu'une autre en utilisant une base de données transversales appropriée construite sous l'égide du Programme de parité du pouvoir d'achat Eurostat‐OCDE. On propose un nouvel indicateur qui facilite la mesure de la différence entre deux ensembles de patterns de consommation, chacun calculéà l'aide d'une méthode de comparaison multilatérale différente.

Date: 2001
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https://doi.org/10.1111/0008-4085.00095

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Journal Article: What impact does the choice of formula have on international comparisons? (2001)
Working Paper: What Impact does the Choice of Formula have on International Comparisons? (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:canjec:v:34:y:2001:i:3:p:697-718

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