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Das Ideal des „reinen Preisvergleichs“ / The Principle of "Pure Price Comparison“

Author

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  • Lippe Peter von der

    (Universität Duisburg-Essen, Campus Essen, FB 5, Universitätsstraße 12, D-45117, Essen, Germany)

Abstract

Enthusiasm for the “Economic Theory of Index Numbers” seems to ebb due to its inherent operational problems of index compilation. The alternative concept of inflation measurement is known as “cost-of-good” or “(fixed) basket approach”. Though more convenient in practice it may have a less impressive theoretical underpinning. It is not uncommon even to call its rationale in question altogether. This paper attempts to justify the basket approach and to specify “pure comparison” in operational terms. In essence this requires a focus on a time series of indices (as opposed to comparing two adjacent periods in isolation), and the interpretation of the index formula in terms of expenditures.

Suggested Citation

  • Lippe Peter von der, 2005. "Das Ideal des „reinen Preisvergleichs“ / The Principle of "Pure Price Comparison“," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 225(4), pages 499-509, August.
    • Handle: RePEc:jns:jbstat:v:225:y:2005:i:4:p:499-509
    DOI: 10.1515/jbnst-2005-0409
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    Citations

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    Cited by:

    1. von der Lippe, Peter, 2012. "Was hat uns die "Frankfurter Schule" der Statistik gebracht? Darstellung einer deutschen Fehlentwicklung am Beispiel der Indextheorie von Paul Flaskämper," IBES Diskussionsbeiträge 194, University of Duisburg-Essen, Institute of Business and Economic Studie (IBES).
    2. Peter Lippe & Claus Breuer, 2010. "Datengewinnung im periodischen regionalen Preisvergleich–Die Problematik der Mieten und Immobilienpreise," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 30(2), pages 191-222, September.
    3. Peter Lippe, 2013. "Die „Frankfurter Schule“ in der Statistik und ihre Folgen," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 7(1), pages 71-89, August.
    4. von der Lippe, Peter, 2007. "Preis- und Durchschnittswertindizes im Außenhandel - Was lehrt uns der Vergleich?," EconStor Conference Papers 40924, ZBW - Leibniz Information Centre for Economics.

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