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True Multilateral Indexex for International Comparisons of Purchasing Power and Real Income

Author

Listed:
  • Neary, P.J.

Abstract

I consider the problem of choosing index numbers of puchasing power and real income for international comparisons. I show that the desirable properties of methods based on the Fisher Ideal index do not extend to multilateral comparisons, except when tastes are homothetic.

Suggested Citation

  • Neary, P.J., 1996. "True Multilateral Indexex for International Comparisons of Purchasing Power and Real Income," Papers 96/22, College Dublin, Department of Political Economy-.
    • Handle: RePEc:fth:dublec:96/22
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    Cited by:

    1. is not listed on IDEAS
    2. Mary O'Mahony & Nicholas Oulton, 2000. "International Comparisons of Labour Productivity in Transport and Communications: The US, the UK and Germany," Journal of Productivity Analysis, Springer, vol. 14(1), pages 7-30, July.

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    Keywords

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    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • F0 - International Economics - - General

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