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On Aggregation Methods For International Comparisons

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  • Salem H. Khamis

Abstract

This paper brings together discussions of Geary–Khamis indexes now available only in scattered sources, and considers their application to a range of uses. The first section traces the development of the method from its initial proposal by Geary in 1953, with the aid of a numerical example illustrating differences among various formulations. The second section considers the least squares properties of Geary‐Khamis indexes and some related variants. The final section considers adjustments to the method required for regionalization and spatio‐temporal bilateral and multilateral comparisons, as well as to take account of the nature of available data.

Suggested Citation

  • Salem H. Khamis, 1984. "On Aggregation Methods For International Comparisons," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 30(2), pages 185-205, June.
  • Handle: RePEc:bla:revinw:v:30:y:1984:i:2:p:185-205
    DOI: 10.1111/j.1475-4991.1984.tb00485.x
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    Cited by:

    1. Gholamreza Hajargasht & D. S. Prasada Rao, 2010. "Stochastic Approach To Index Numbers For Multilateral Price Comparisons And Their Standard Errors," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 32-58, June.
    2. Abe, Naohito & Shiotani, Kyosuke, 2014. "Analysis of Price Level Heterogeneity across Households based on the Geary-Khamis Price Index," Research Center for Price Dynamics Working Paper Series 11, Research Center for Price Dynamics, Institute of Economic Research, Hitotsubashi University.
    3. R. Luce & M. Raith & E. Rasmusen & S. Grosskopf & K. Velupillai & W. Pauwels & E. Furubotn & P. Schmitz & S. Napel, 2000. "Book reviews," Journal of Economics, Springer, vol. 71(3), pages 316-342, October.

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