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The unit value index (UVI) as compiled in Germany for exports and imports is compared with two other indices, viz. an index of Drobisch which unfortunately is likewise known as "unit value index" and the "normal" Laspeyres price index (PI) of exports and imports. The UVI may be viewed as a...
Persistent link: https://www.econbiz.de/10015222947
The aim of our paper is to discuss the problems of operationalizing the concept of a .cost-of-living-index. (COLI). For this purpose we are first undertaking a theoretical analysis of Diewert’s theory of superlative index numbers as one possible approach to approximate a COLI. We show that...
Persistent link: https://www.econbiz.de/10015228134
The note examines a generalization of a theorem of Bortkiewicz which relates the difference between a Paasche and a Laspeyres price index to a covariance between price and quantity relatives. The generalized theorem is used to demonstrate a number of interesting special applications. It turns...
Persistent link: https://www.econbiz.de/10015231912
The paper criticizes the translation of the so called GEKS (Gini - Eltetö - Köves - Szulc) method to make consistent (transitive, or "drift free") international comparisons of price indices (parities), into the intertemporal framework. It shows that transitivity appears to be "over-ambitious"...
Persistent link: https://www.econbiz.de/10015234672
Die folgende Betrachtung gliedert sich in drei Teile. Im ersten Teil stellen wir die Grundüberzeugungen der FSS dar, demonstrieren dann im zweiten Teil am konkreten Beispiel von Flaskämpers Indextheorie, wohin der Versuch führt, alles aus einer Theorie des statistischen Vergleichs ableiten zu...
Persistent link: https://www.econbiz.de/10010310428
The present paper explores, both theoretically and empirically, the bias of unit value indices as opposed to genuine price indices in foreign trade. An analysis of German data reveals conceptual and methodological differences, and their impact on economic indicators, namely imported inflation,...
Persistent link: https://www.econbiz.de/10010270209
Persistent link: https://www.econbiz.de/10010272539
In seinem Heft 13/2004 vom 26.3.2004 veröffentlichte das Deutsche Ärzteblatt einen Artikel mit dem Titel "Von der Wahrscheinlichkeit des Irrtums", in dem der Autor Wolfgang Weihe eine seiner Meinung nach sowohl neue als auch ungewöhnliche Position bezüglich der Interpretation von...
Persistent link: https://www.econbiz.de/10010296990
Persistent link: https://www.econbiz.de/10010300238