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A note on the true factorial price index

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Abstract

In this note we demonstrate that the true price index obtained through the factorial approach is exact for the Leontief, fixed coefficients utility function.

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References

  • BANERJEE, K. S. (1975): Cost of Living Index Numbers. (Dekker) New York.

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  • BANERJEE, K. S. (1980b): A comparison of the constant-utility true index and the true index obtained through the factorial approach. Communications in Statistics; Series A: Theory and Methods 9, 87–105; reprinted as chapter 10 in BANERJEE (1980a).

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Authors and Affiliations

  1. Netherlands Central Bureau of Statistics, P. O. Box 959, 22 AZ, Voorburg, Holland

    B. M. Balk

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  1. B. M. Balk
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Balk, B.M. A note on the true factorial price index. Statistische Hefte 24, 69–72 (1983). https://doi.org/10.1007/BF02932490

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  • DOI: https://doi.org/10.1007/BF02932490

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