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The Ottawa Group after Ten Meetings: Future Priorities

Walter Diewert ()

Economics working papers from Vancouver School of Economics

Abstract: The paper briefly reviews the accomplishments of the Ottawa Group on the occasion of its tenth meeting and then goes on to list ten problem areas in price measurement that have not been completely resolved and hence should be a focus of future meetings. The ten problem areas are: (1) the construction of elementary indexes when price and quantity data are available; (2) the construction of user costs for capital inputs; (3) the quality adjustment of prices; (4) the construction of price indexes for owner occupied housing; (5) problems associated with difficult to measure services; (6) the treatment of prices associated with household production; (7) the measurement of export and import prices in the production accounts of the System of National Accounts; (8) the treatment of seasonal products; (9) the measurement of core inflation and (10) the treatment of new goods.

Keywords: Ottawa Group; index numbers; elementary price indexes; user costs; owner occupied housing; hedonic regressions; seasonal products; core inflation; new (search for similar items in EconPapers)
JEL-codes: C43 C81 E31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac
Date: 2007-11-16, Revised 2007-11-16
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