Introduction of the Chain Fisher Measure of Real GDP
Introduction of the Chain Fisher Measure of Real GDP
Introduction of the Chain Fisher Measure of Real GDP
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The Old <strong>Measure</strong><br />
• Laspeyres formula<br />
LV<br />
=<br />
∑<br />
∑<br />
p<br />
p<br />
0<br />
0<br />
q<br />
q<br />
t<br />
0<br />
• chained periodically
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