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Some observations on the log-change index numbers and their connection with the factorial indexes

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Abstract

The paper makes a few comments on the characterizations of the log-change index numbers, and then builds up a link between the log-change indexes and the factorial indexes (Stuvel's indexes). It is also suggestedinter alia that log-change index numbers tend to ignore the effect of interaction between price and quantity (consumption) on the expenditure, in contrast to what is admitted by the factorial model.

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References

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Authors and Affiliations

  1. Department of Mathematics, University of Maryland Baltimore County, 21228, Catonsville, Maryland, USA

    K. S. Banerjee

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  1. K. S. Banerjee
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Banerjee, K.S. Some observations on the log-change index numbers and their connection with the factorial indexes. Statistische Hefte 25, 143–158 (1983). https://doi.org/10.1007/BF02932397

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  • DOI: https://doi.org/10.1007/BF02932397

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