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Indicadores de Precios para Deflactar Insumos en la Industria Manufacturera

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  • Zuleika Ferré
  • Susana Picardo

Abstract

The purpose of this paper is to build a different price index for each of the items included in the manufacturing intermediate consumption and cost of labor time series, as suggested in the National Accounts Users Guide. The relationship between intermediate consumption and gross production value might be influenced by different factors in many industries, such as technical changes, type of inputs used and their relative price, or even changes in the composition of inputs related to their origin (foreign or local). Thus, the separate calculus of the adequate price index for each item allows one to get a more suitable evolution of the aggregate quantity. Further, it also allows to isolate the individual effect of the price evolution of each input, in analyzing the evolution of the overall production price index. The analysis refers to the period 1980 to 1999, on an annual basis, at a ISIC (revision 2) 2, 3 and 4 digits and for the manufacturing industry as a whole.

Suggested Citation

  • Zuleika Ferré & Susana Picardo, 2002. "Indicadores de Precios para Deflactar Insumos en la Industria Manufacturera," Documentos de Trabajo (working papers) 1702, Department of Economics - dECON.
  • Handle: RePEc:ude:wpaper:1702
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    File URL: http://decon.edu.uy/publica/2002/Doc1702.pdf
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