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Author
Białek Jacek (University of Lodz, Poland)
Title
Application of the Original Price Index Formula to Measuring the CPI's Commodity Substitution Bias
Source
Statistics in Transition, 2014, vol. 15, nr 1, s. 83-96, rys., tab., bibliogr. 27 poz.
Keyword
Indeks cen konsumpcyjnych, Indeks Laspeyresa, Indeks Fishera, Metody statystyczne
Consumer price index (CPI), Laspeyres index, Fisher index, Statistical methods
Note
summ.
Abstract
This paper examines a possibility to apply the original price index formula to measuring the commodity substitution bias associated with the Consumer Price Index (CPI). Through simulation study the CPI bias values - calculated by using the original price index formula - is compared with those calculated on the basis of some known, superlative price indices. (original abstract)
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The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of the Wroclaw University of Economics
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Bibliography
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ISSN
1234-7655
Language
eng
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