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A Taxonomy of Multilateral Methods for Making International Comparisons of Prices and Quantities

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  • Hill, Robert J

Abstract

A taxonomy of multilateral methods is developed. All the main methods are classified within the taxonomy. It is then shown that methods in the same class share many of the same properties. Therefore, the taxonomy should help practitioners to appreciate the wide range of alternative methods for making international comparisons, the relationships between methods, and the relative strengths and weaknesses of each method. Copyright 1997 by The International Association for Research in Income and Wealth.

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Bibliographic Info

Article provided by International Association for Research in Income and Wealth in its journal Review of Income & Wealth.

Volume (Year): 43 (1997)
Issue (Month): 1 (March)
Pages: 49-69

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Handle: RePEc:bla:revinw:v:43:y:1997:i:1:p:49-69

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Cited by:
  1. Robert J. Hill & Daniel Melser, 2007. "Comparing House Prices Across Regions and Time: An Hedonic Approach," Discussion Papers 2007-33, School of Economics, The University of New South Wales.
  2. Barnett, William A. & Diewert, W. Erwin & Zellner, Arnold, 2009. "Introduction To Measurement With Theory," Macroeconomic Dynamics, Cambridge University Press, vol. 13(S2), pages 151-168, September.
  3. Sckokai, Paolo & Varacca, Alessandro, 2012. "Product differentiation and brand competition in the Italian breakfast cereal market: a distance metric approach," Congress Papers 124102, Italian Association of Agricultural and Applied Economics (AIEAA).
  4. Robert J. Hill & T. Peter Hill, 2007. "Regionalization and its Implications for Price Index Construction: The Case of the International Comparisons Program," Discussion Papers 2007-28, School of Economics, The University of New South Wales.
  5. Hill, Robert J., 2000. "Measuring substitution bias in international comparisons based on additive purchasing power parity methods," European Economic Review, Elsevier, vol. 44(1), pages 145-162, January.
  6. Rolf Aaberge & Audun Langørgen & Magne Mogstad & Marit Østensen, 2008. "The Impact of Local Public Services and Geographical Cost of Living Differences on Poverty Estimates," Discussion Papers 551, Research Department of Statistics Norway.
  7. Reto Schleiniger, 2008. "Regional Quantity, Productivity and Efficiency Measures of the Swiss Health Care System," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 144(III), pages 459-476, September.
  8. Hillringhaus, Tilman & Peichl, Andreas, 2010. "Die Messung von Armut unter Berücksichtigung regional divergierender Lebenshaltungskosten und öffentlicher Leistungen," IZA Discussion Papers 5344, Institute for the Study of Labor (IZA).
  9. J. Peter Neary, 1996. "Rationalising the Penn World Table - True Multilateral Indices for International Comparisons of real Income," Working Papers 199622, School Of Economics, University College Dublin.
  10. Wojciech Kopczuk & Joel Slemrod & Shlomo Yitzhaki, 2002. "Why World Redistribution Fails," NBER Working Papers 9186, National Bureau of Economic Research, Inc.
  11. Ludwig Auer, 2012. "Räumliche Preisvergleiche: Aggregationskonzepte und Forschungsperspektiven," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer, vol. 6(1), pages 27-56, December.
  12. Kakwani, Nanak & Hill, Robert J., 2002. "Economic theory of spatial cost of living indices with application to Thailand," Journal of Public Economics, Elsevier, vol. 86(1), pages 71-97, October.
  13. Fox, Kevin J. & Grafton, R. Quentin & Kirkley, James & Squires, Dale, 2003. "Property rights in a fishery: regulatory change and firm performance," Journal of Environmental Economics and Management, Elsevier, vol. 46(1), pages 156-177, July.
  14. Diewert, Erwin, 2007. "Index Numbers," Economics working papers diewert-07-01-03-08-17-23, Vancouver School of Economics, revised 31 Jan 2007.
  15. Neary, J Peter, 2000. "True Multilateral Indexes for International Comparisons of Real Income: Theory and Empirics," CEPR Discussion Papers 2590, C.E.P.R. Discussion Papers.
  16. Tran, Thi Bich & Grafton, Quentin & Kompas, Tom, 2009. "Contribution of productivity and firm size to value-added: Evidence from Vietnam," International Journal of Production Economics, Elsevier, vol. 121(1), pages 274-285, September.
  17. Kopczuk, Wojciech & Slemrod, Joel & Yitzhaki, Shlomo, 2005. "The limitations of decentralized world redistribution: An optimal taxation approach," European Economic Review, Elsevier, vol. 49(4), pages 1051-1079, May.

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