Generalized Theil-Tornqvist Indices with Applications to International Comparisons of Prices and Real Output
The Theil-Tornqvist index number is widely used for binary comparisons of prices, output, and productivity. This paper describes various generalizations of the Theil-Tornqvist index for purposes of multilateral spatial comparisons due to Douglas W. Caves, Laurits R. Christensen, and W. Erwin Diewert, and more recent further generalizations due to D. S. Prasada Rao and E. Anthony Selvanathan based on the 'stochastic approach' to index numbers. The applicability of the new index numbers is demonstrated using international comparison data on private consumption expenditure and manufacturing-sector output. Copyright 1995 by MIT Press.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 77 (1995)
Issue (Month): 2 (May)
|Contact details of provider:|| Web page: http://mitpress.mit.edu/journals/|
|Order Information:||Web: http://mitpress.mit.edu/journal-home.tcl?issn=00346535|
When requesting a correction, please mention this item's handle: RePEc:tpr:restat:v:77:y:1995:i:2:p:352-60. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kristin Waites)
If references are entirely missing, you can add them using this form.