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- W26308095 abstract "This chapter describes a system of log-change index numbers for multilateral comparisons. This system presents an application of the concepts of purchasing power parity, or exchange rate and average price, which were introduced by Geary. Geary proposed one possible algebraic formalization of these concepts in terms of price and quantity data, and various properties of that system were derived later. The chapter presents the notation and definitions used in the course of developing the system. The viability of the system is established by proving the existence of meaningful comparisons under the proposed system. The chapter also discusses the statistical and economic theoretic properties of the system described, and provides a numerical illustration using International Comparison Project data." @default.
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- W26308095 date "1990-01-01" @default.
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- W26308095 title "A System of Log-Change Index Numbers for Multilateral Comparisons" @default.
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- W26308095 doi "https://doi.org/10.1016/b978-0-444-88409-1.50013-0" @default.
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