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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Autor principal: Dorin, Federico
Otros Autores: Perrotti, Daniel E., Goldszier, Patricia
Formato: Libro en línea
Publicado: ECLAC 2020
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Acceso en línea:9789211220384
9789211220384
9789211220384
9789211220384
id oai:dspace6-d1:11362-45419
record_format Libro electrónico
spelling oai:dspace6-d1:11362-45419 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
building Cepal
institution Sistema Integrado de Documentación
collection Libros Digitales Cepal
format Libro en línea
author Dorin, Federico
spellingShingle Dorin, Federico
Index numbers and their relationship with the economy
MICROECONOMIA
NUMEROS INDICE
ESTADISTICAS ECONOMICAS
METODOLOGIA ESTADISTICA
PODER DE COMPRA
MICRO-ECONOMICS
INDEX NUMBERS
ECONOMIC STATISTICS
STATISTICAL METHODOLOGY
PURCHASING POWER
author_facet Dorin, Federico
Perrotti, Daniel E.
Goldszier, Patricia
author2 Perrotti, Daniel E.
Goldszier, Patricia
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
topic MICROECONOMIA
NUMEROS INDICE
ESTADISTICAS ECONOMICAS
METODOLOGIA ESTADISTICA
PODER DE COMPRA
MICRO-ECONOMICS
INDEX NUMBERS
ECONOMIC STATISTICS
STATISTICAL METHODOLOGY
PURCHASING POWER
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.
publisher ECLAC
publishDate 2020
url 9789211220384
9789211220384
9789211220384
9789211220384
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