The theory of economic price and quantity indicators

This paper develops the theory of economic price and quantity indicators, being the difference analogue of indexes. The properties of indicators and indexes are compared. Observable bounds for the indicators will be derived, as well as two exactness results for Bennet (1920)-type price and quantity indicators. Copyright Springer-Verlag Berlin/Heidelberg 2003

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Year of publication:	2003
Authors:	Balk, Bert ; Färe, Rolf ; Grosskopf, Shawna
Published in:	Economic Theory. - Springer. - Vol. 23.2003, 1, p. 149-164
Publisher:	Springer
Subject:	Price and quantity change \| Difference measures \| Bennet indicators

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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