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Decomposing Multilateral Price Indexes into the Contributions of Individual Commodities

Author

Listed:
  • Webster Michael

    (Australian Bureau of Statistics, 45 Benjamin Way, Belconnen, ACT 2617, Australia.)

  • Tarnow-Mordi Rory C.

    (Exposé: Data Exposed, Margaret Graham Building, Lot 14, Frome Road, Adelaide, SA 5000 Australia.)

Abstract

This article describes methods for decomposing price indexes into contributions from individual commodities, to help understand the influence of each commodity on aggregate price index movements.

Suggested Citation

  • Webster Michael & Tarnow-Mordi Rory C., 2019. "Decomposing Multilateral Price Indexes into the Contributions of Individual Commodities," Journal of Official Statistics, Sciendo, vol. 35(2), pages 461-486, June.
    • Handle: RePEc:vrs:offsta:v:35:y:2019:i:2:p:461-486:n:7
    DOI: 10.2478/jos-2019-0020
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    References listed on IDEAS

    as
    1. Ivancic, Lorraine & Erwin Diewert, W. & Fox, Kevin J., 2011. "Scanner data, time aggregation and the construction of price indexes," Journal of Econometrics, Elsevier, vol. 161(1), pages 24-35, March.
    2. Balk,Bert M., 2012. "Price and Quantity Index Numbers," Cambridge Books, Cambridge University Press, number 9781107404960, January.
    3. Chen, Yi Vivian & Heston, Alan & Lipsey, Robert, 2000. "International and interarea comparisons of income, output and prices," Journal of Asian Economics, Elsevier, vol. 11(3), pages 363-364, December.
    4. Jan de Haan & Frances Krsinich, 2014. "Scanner Data and the Treatment of Quality Change in Nonrevisable Price Indexes," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 32(3), pages 341-358, July.
    5. Robert Summers, 1973. "International Price Comparisons Based Upon Incomplete Data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 19(1), pages 1-16, March.
    Full references (including those not matched with items on IDEAS)

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