Index numbers and their relationship with the economy
Index numbers are the basic tool for synthesizing economic statistics, to enable the formulae used to express and describe variables such as a country’s economic growth or an economy’s inflation rate, and also to make international comparisons. If different formulae are used, the results vary, and c...
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oai-11362-454192020-04-20T12:33:29Z Index numbers and their relationship with the economy Dorin, Federico Perrotti, Daniel E. Goldszier, Patricia MICROECONOMIA NUMEROS INDICE ESTADISTICAS ECONOMICAS METODOLOGIA ESTADISTICA PODER DE COMPRA MICRO-ECONOMICS INDEX NUMBERS ECONOMIC STATISTICS STATISTICAL METHODOLOGY PURCHASING POWER Index numbers are the basic tool for synthesizing economic statistics, to enable the formulae used to express and describe variables such as a country’s economic growth or an economy’s inflation rate, and also to make international comparisons. If different formulae are used, the results vary, and comparisons are not valid; so it is important to understand the formulae being used. Moreover, countries and international organizations need to promote common practices that harmonize and standardize measurements. Although index numbers are associated with macroeconomics, their theoretical foundation lies in microeconomics. This publication summarizes the links between price and volume indices and microeconomic theory; and it presents the formulae that are recommended for international measurements, and explains how to use them in international price and volume comparisons. Introduction .-- I. Direct comparison and choice of an index from the consumer’s standpoint .-- II. Direct comparison and the producer perspective .-- III. Indirect comparison and chain-linked indices .-- IV. Purchasing power parity. 2020-04-17T18:21:33Z 2020-04-17T18:21:33Z 2020-04-17 Texto Documento Completo 9789211220384 http://hdl.handle.net/11362/45419 LC/PUB.2018/12-P 9789210047371 en Metodologías de la CEPAL 1 .pdf application/pdf application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC |
| institution |
Cepal |
| collection |
Cepal |
| language |
English |
| topic |
MICROECONOMIA NUMEROS INDICE ESTADISTICAS ECONOMICAS METODOLOGIA ESTADISTICA PODER DE COMPRA MICRO-ECONOMICS INDEX NUMBERS ECONOMIC STATISTICS STATISTICAL METHODOLOGY PURCHASING POWER |
| spellingShingle |
MICROECONOMIA NUMEROS INDICE ESTADISTICAS ECONOMICAS METODOLOGIA ESTADISTICA PODER DE COMPRA MICRO-ECONOMICS INDEX NUMBERS ECONOMIC STATISTICS STATISTICAL METHODOLOGY PURCHASING POWER Dorin, Federico Perrotti, Daniel E. Goldszier, Patricia Index numbers and their relationship with the economy |
| description |
Index numbers are the basic tool for synthesizing economic statistics, to enable the formulae used to express and describe variables such as a country’s economic growth or an economy’s inflation rate, and also to make international comparisons. If different formulae are used, the results vary, and comparisons are not valid; so it is important to understand the formulae being used. Moreover, countries and international organizations need to promote common practices that harmonize and standardize measurements. Although index numbers are associated with macroeconomics, their theoretical foundation lies in microeconomics.
This publication summarizes the links between price and volume indices and microeconomic theory; and it presents the formulae that are recommended for international measurements, and explains how to use them in international price and volume comparisons. |
| format |
Texto |
| author |
Dorin, Federico Perrotti, Daniel E. Goldszier, Patricia |
| author_facet |
Dorin, Federico Perrotti, Daniel E. Goldszier, Patricia |
| author_sort |
Dorin, Federico |
| title |
Index numbers and their relationship with the economy |
| title_short |
Index numbers and their relationship with the economy |
| title_full |
Index numbers and their relationship with the economy |
| title_fullStr |
Index numbers and their relationship with the economy |
| title_full_unstemmed |
Index numbers and their relationship with the economy |
| title_sort |
index numbers and their relationship with the economy |
| publisher |
ECLAC |
| publishDate |
2020 |
| url |
http://hdl.handle.net/11362/45419 |
| work_keys_str_mv |
AT dorinfederico indexnumbersandtheirrelationshipwiththeeconomy AT perrottidaniele indexnumbersandtheirrelationshipwiththeeconomy AT goldszierpatricia indexnumbersandtheirrelationshipwiththeeconomy |
| _version_ |
1718439688578007040 |