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Multidimensional Output Indices

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  • Craig, Barbara J.
  • Pardey, Philip G.

Abstract

This abstract describes alternative output aggregates that provide both cross-sectional and temporal comparisons appropriate for the analysis of panel data sets. Several of these multidimensional output indices are constructed using detailed data on agricultural production to illustrate the effects of fixing price weights over time, employing sample average price weights, and choosing between alternative approximations of Divisia indices.

Suggested Citation

  • Craig, Barbara J. & Pardey, Philip G., 1990. "Multidimensional Output Indices," Staff Papers 13828, University of Minnesota, Department of Applied Economics.
    • Handle: RePEc:ags:umaesp:13828
    DOI: 10.22004/ag.econ.13828
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    References listed on IDEAS

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    1. Hulten, Charles R, 1973. "Divisia Index Numbers," Econometrica, Econometric Society, vol. 41(6), pages 1017-1025, November.
    2. Dale W. Jorgenson & Zvi Griliches, 1971. "Divisia Index Numbers And Productivity Measurement," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 17(2), pages 227-229, June.
    3. Pardey, Philip G. & Roseboom, Johannes & Anderson, Jock R., 1991. "Agricultural Research Policy: International Quantitative Perspectives," ISNAR Archive 310674, CGIAR > International Food Policy Research Institute (IFPRI).
    4. Jorgenson, Dale W & Griliches, Zvi, 1971. "Divisia Index Numbers and Productivity Measurement," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 17(2), pages 227-229, June.
    5. Pardey, Philip G & Roseboom, Johannes & Craig, Barbara J, 1992. "A Yardstick for International Comparisons: An Application to National Agricultural Research Expenditures," Economic Development and Cultural Change, University of Chicago Press, vol. 40(2), pages 333-349, January.
    6. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    7. Diewert, W Erwin, 1978. "Superlative Index Numbers and Consistency in Aggregation," Econometrica, Econometric Society, vol. 46(4), pages 883-900, July.
    8. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "Multilateral Comparisons of Output, Input, and Productivity Using Superlative Index Numbers," Economic Journal, Royal Economic Society, vol. 92(365), pages 73-86, March.
    9. László Drechsler, 1973. "Weighting Of Index Numbers In Multilateral International Comparisons," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 19(1), pages 17-34, March.
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    Cited by:

    1. Frikkie Liebenberg & Philip Pardey & Jason Beddow & Johann Kirsten, 2015. "Re-Estimating South African Agricultural Output Value, Quantity And Price Aggregates, 1910--2010," Agrekon, Taylor & Francis Journals, vol. 54(4), pages 1-27, November.
    2. Lence, Sergio H. & Plastina, Alejandro, 2020. "An Empirical Investigation of Productivity Spillovers along the Agricultural Supply Chain," ISU General Staff Papers 202001010800001066, Iowa State University, Department of Economics.

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