Comparing the superlative Tornqvist and Fisher ideal indexes

被引:24
作者
Dumagan, JC [1 ]
机构
[1] US Dept Commerce, Dept Econ & Stat, Washington, DC 20230 USA
关键词
Tornqvist index; Fisher ideal index; superlative indexes;
D O I
10.1016/S0165-1765(02)00049-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper identifies the sources of differences between the Tornqvist index and Fisher ideal index and shows mathematically why these indexes will numerically approximate each other. Since both are "superlative" indexes, they have similar desirable theoretical properties. However, a component's contribution to the growth of the Tornqvist index requires less data and is easier to calculate than its contribution to the growth of the Fisher ideal index and, thus, the former index appears handier in practice. (C) 2002 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:251 / 258
页数:8
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