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Seasonal commodities and the construction of annual and monthly price indexes

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Summary

This paper discusses the construction of Laspeyres price indexes for seasonal commodities. Emphasis is laid on those proposals in which there is a natural consistency between annual and monthly indices. After presenting the traditional approach the paper gives two alternative solutions and discusses the relative merits of them.

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References

  • Balk, B. H., (1980): Seasonal products in agriculture and horticulture and methods for computing price indices, Netherlands Central Bureau of Statistics, Statistical Studies No. 24, The Hagne: Staatsnitqevery, 1980.

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  • Eichhorn, W. & J. Voeller, (1976): Theory of the price index, Berlin-Heidelberg-New York 1976.

  • Rothwell, D.P., (1958): Use of varying seasonal weights in price index construction. J. Amer. Statist. Assoc. 53 (1958), 66–77.

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  • Stone, R., (1956): Quantity and price indexes in national accounts, Paris: O.E.E.C., 1956.

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Authors
  1. Bert M. Balk
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Additional information

The author acknowledges some helpful remarks of an anonymous referee.

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Balk, B.M. Seasonal commodities and the construction of annual and monthly price indexes. Statistische Hefte 21, 110–116 (1980). https://doi.org/10.1007/BF02932729

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  • DOI: https://doi.org/10.1007/BF02932729

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