Finding Aggregate Growth Rate Using Regression Technique

Manoranjan Pal () and Premananda Bharati ()
Additional contact information
Manoranjan Pal: Indian Statistical Institute, Economic Research Unit
Premananda Bharati: Indian Statistical Institute, Biological Anthropology Unit

Chapter Chapter 6 in Applications of Regression Techniques, 2019, pp 105-123 from Springer

Abstract: Abstract In this chapter we attempt to find the overall growth rate either from the original set of observations or from the growth rate of each component. The focus of the chapter is to find the aggregate growth rate from the individual growth rates. We have also discussed how the calculation of growth rates can be done using regression technique. Moreover, the formula can compute average growth rate even when there are some zero or negative growth rate. The treatments of cross section data and the time series data are usually quite different. The present chapter unifies the methods in such a way that the formula can be applied both in cross section and time series data. The modified growth rate happens to be an intermediate growth rate, because it lies between geometric and arithmetic mean when all the individual growth rates are positive.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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:spr:sprchp:978-981-13-9314-3_6

Ordering information: This item can be ordered from
http://www.springer.com/9789811393143

DOI: 10.1007/978-981-13-9314-3_6

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().