Producer Price Index Manual: Theory and Practice ... - METAC

More documents

Recommendations

Info

19. Price Indices Using an Artificial Data Set Table 19.25. Services Sector Chained Laspeyres, Paasche, Fisher, and Törnqvist Value-Added Deflators Period t 1 1.0000 1.0000 1.0000 1.0000 2 1.2368 1.2675 1.2521 1.2561 3 1.4763 1.6056 1.5396 1.5324 4 1.6104 1.7331 1.6706 1.6662 5 1.6364 1.7410 1.6879 1.6870 P L t P P t P F t P T t 19.40 Comparing Tables 19.22 and 19.23, it can be seen that chaining did not reduce the spread between the Paasche and Laspeyres value-added deflators for the manufacturing sector; the spread between these two chained indices in period 5 is 7.0 percent, whereas it was only 4.4 percent for the corresponding fixed-base indices. The explanation for this result is the same as it was for agriculture: (traditional) manufacturing is an example of a sector where the bouncing behavior of energy prices is much more important than divergent trends in relative prices. The commodities that have divergent prices are high-technology goods and services, and the traditional manufacturing sector does not use or produce these commodities. Comparing Tables 19.22 and 19.23, it can also be seen that chaining did not reduce the spread between the Fisher and Törnqvist value-added deflators for the manufacturing sector. Again, bouncing energy prices explain this result. However, the chained Fisher and Törnqvist price indices are still quite close to each other. E.4 Value-added deflators for the services sector 19.41 The data listed in Tables19.18 and 19.19 for the services sector are used to calculate fixedbase Laspeyres, Paasche, Fisher, and Törnqvist value-added deflators for periods t equal to 1 to 5, P L t , P P t , P F t , and P T t , respectively. The results are listed in Table 19.24. 19.42 From Table 19.24, it can be seen that the divergence between the fixed-base Laspeyres and Paasche value-added deflators for the services sector grow steadily from period 2 when it is 2.5 percent to period 5 when it is 40.0 percent. However, the divergence between the two superlative valueadded deflators is much smaller but does grow over time to reach 7.8 percent in period 5. 19.43 The data listed in Tables 19.18 and 19.19 for the services sector are used to calculate chained Laspeyres, Paasche, Fisher, and Törnqvist valueadded deflators for periods t equal 1 to 5, P L t , P P t , P F t , and P T t , respectively. The results are listed in Table 19.25. 19.44 Comparing Tables 19.24 and 19.25, it can be seen that chaining has substantially reduced the spread between the Paasche and Laspeyres valueadded deflators for the services sector. In period 5, the divergence between the chained Paasche and Laspeyres is only 6.4 percent, compared to the 40 percent divergence between their fixed-base counterparts. Similarly, chaining has reduced the spread between the two superlative indices; in period 5, the chained Fisher and Törnqvist value-added deflators differ only by 0.05 percent, compared to the 7.8 percent divergence between their fixed-base counterparts. Chaining reduces divergences between the four indices for the services sector because several outputs and intermediate inputs for this sector have strongly divergent trends in their prices. This divergent prices effect overwhelms the effects of bouncing agricultural and energy prices. 502
19. Price Indices Using an Artificial Data Set Table 19.26. Fixed-Base National Laspeyres, Paasche, Fisher, and Törnqvist Output Producer Price Indices Period t 1 1.0000 1.0000 1.0000 1.0000 2 1.3551 1.3295 1.3422 1.3424 3 1.2753 1.2226 1.2487 1.2575 4 1.1622 1.0305 1.0944 1.1203 5 1.3487 1.0697 1.2011 1.2880 P L t P P t P F t P T t Table 19.27. Chained National Laspeyres, Paasche, Fisher, and Törnqvist Output Producer Price Indices Period t 1 1.0000 1.0000 1.0000 1.0000 2 1.3551 1.3295 1.3422 1.3424 3 1.3033 1.2477 1.2752 1.2751 4 1.1806 1.1119 1.1457 1.1456 5 1.3404 1.2221 1.2799 1.2813 P L t P P t P F t P T t Table 19.28. Fixed-Base National Laspeyres, Paasche, Fisher, and Törnqvist Intermediate Input Producer Price Indices Period t 1 1.0000 1.0000 1.0000 1.0000 2 1.4846 1.4310 1.4575 1.4582 3 1.1574 1.1069 1.1319 1.1397 4 0.9179 0.8086 0.8615 0.8817 5 1.1636 0.9049 1.0261 1.0997 P L t P P t P F t P T t 503
Page 1 and 2:
Contents Foreword..................
Page 3 and 4:
Contents D. The Incorporating of Ne
Page 5 and 6:
Contents E. Industry Price Indices
Page 7 and 8:
Contents Table 19.23 Manufacturing
Page 9 and 10:
Foreword This Producer Price Index
Page 11 and 12:
Preface The ILO, IMF, OECD, UNECE,
Page 13 and 14:
Preface source (rather than requiri
Page 15 and 16:
Preface tremendous concern with sam
Page 17 and 18:
Preface among countries. However, t
Page 19 and 20:
Preface Chapter 6 Chapter 7 Chapter
Page 21 and 22:
Reader’s Guide International manu
Page 23 and 24:
Reader’s Guide the System of Nati
Page 25 and 26:
Abbreviations ABS ABS AF ANZIC ATM
Page 27 and 28:
Abbreviations OLS Ottawa Group P C
Page 29:
PART I Methods, Uses, and Coverage
Page 32 and 33:
Producer Price Index Manual The exp
Page 34 and 35:
Producer Price Index Manual B.1 Pri
Page 36 and 37:
Producer Price Index Manual and qua
Page 38 and 39:
Producer Price Index Manual B.2 The
Page 40 and 41:
Producer Price Index Manual 1.57 Th
Page 42 and 43:
Producer Price Index Manual isfy th
Page 44 and 45:
Producer Price Index Manual D. The
Page 46 and 47:
Producer Price Index Manual also ar
Page 48 and 49:
Producer Price Index Manual theoret
Page 50 and 51:
Producer Price Index Manual on a fi
Page 52 and 53:
Producer Price Index Manual Laspeyr
Page 54 and 55:
Producer Price Index Manual qvist i
Page 56 and 57:
Producer Price Index Manual • The
Page 58 and 59:
Producer Price Index Manual tion, c
Page 60 and 61:
Producer Price Index Manual J. Seas
Page 62 and 63:
Producer Price Index Manual particu
Page 64 and 65:
Producer Price Index Manual above t
Page 66 and 67:
Producer Price Index Manual limited
Page 68 and 69:
Producer Price Index Manual the rev
Page 70 and 71:
Producer Price Index Manual for the
Page 72 and 73:
Producer Price Index Manual duce th
Page 74 and 75:
Producer Price Index Manual O.2.3 A
Page 76 and 77:
Producer Price Index Manual these c
Page 78 and 79:
Producer Price Index Manual decisio
Page 80 and 81:
Producer Price Index Manual 1.300 A
Page 82 and 83:
Producer Price Index Manual ample,
Page 84 and 85:
Producer Price Index Manual sample
Page 86 and 87:
Page 88 and 89:
Producer Price Index Manual 1.379 I
Page 90 and 91:
Producer Price Index Manual point o
Page 92 and 93:
Page 94 and 95:
Producer Price Index Manual two Man
Page 96 and 97:
Producer Price Index Manual both th
Page 98 and 99:
Producer Price Index Manual ber cou
Page 100 and 101:
Producer Price Index Manual are the
Page 102 and 103:
Producer Price Index Manual mediate
Page 104 and 105:
Producer Price Index Manual treated
Page 106 and 107:
Producer Price Index Manual price a
Page 108 and 109:
Producer Price Index Manual C. Geog
Page 110 and 111:
Producer Price Index Manual erage i
Page 112 and 113:
Producer Price Index Manual improve
Page 115:
PART II Compilation Issues
Page 118 and 119:
Producer Price Index Manual C. Appr
Page 120 and 121:
Producer Price Index Manual Figure
Page 122 and 123:
Producer Price Index Manual sizes f
Page 124 and 125:
Producer Price Index Manual source
Page 126 and 127:
Producer Price Index Manual prices
Page 128 and 129:
Page 130 and 131:
5. Sampling Issues in Price Collect
Page 132 and 133:
Producer Price Index Manual • Wil
Page 134 and 135:
Producer Price Index Manual tory su
Page 136 and 137:
Producer Price Index Manual D.1.2 C
Page 138 and 139:
Page 140 and 141:
Producer Price Index Manual (5.2) f
Page 142 and 143:
Producer Price Index Manual Table 5
Page 144 and 145:
Producer Price Index Manual sales i
Page 146 and 147:
Page 148 and 149:
Page 150 and 151:
Producer Price Index Manual estimat
Page 152 and 153:
Producer Price Index Manual the ris
Page 154 and 155:
Producer Price Index Manual more de
Page 156 and 157:
Producer Price Index Manual Field c
Page 158 and 159:
Page 160 and 161:
Producer Price Index Manual with th
Page 162 and 163:
Producer Price Index Manual of prod
Page 164 and 165:
Producer Price Index Manual ances.
Page 166 and 167:
Producer Price Index Manual RESPOND
Page 168 and 169:
7. Treatment of Quality Change A. I
Page 170 and 171:
Producer Price Index Manual 7.12 Co
Page 172 and 173:
Producer Price Index Manual current
Page 174 and 175:
Producer Price Index Manual success
Page 176 and 177:
Producer Price Index Manual contrib
Page 178 and 179:
Producer Price Index Manual per uni
Page 180 and 181:
Producer Price Index Manual variety
Page 182 and 183:
Producer Price Index Manual B.2.6 S
Page 184 and 185:
Producer Price Index Manual • Qua
Page 186 and 187:
7. Treatment of Quality Change Tabl
Page 188 and 189:
Producer Price Index Manual situati
Page 190 and 191:
Producer Price Index Manual = 1….
Page 192 and 193:
Page 194 and 195:
Producer Price Index Manual item 7.
Page 196 and 197:
Producer Price Index Manual line in
Page 198 and 199:
Producer Price Index Manual tionshi
Page 200 and 201:
7. Treatment of Quality Change Tabl
Page 202 and 203:
Producer Price Index Manual 7.133 H
Page 204 and 205:
Producer Price Index Manual Let us
Page 206 and 207:
Producer Price Index Manual referen
Page 208 and 209:
Producer Price Index Manual Figure
Page 210 and 211:
Producer Price Index Manual cal age
Page 212 and 213:
Producer Price Index Manual There a
Page 214 and 215:
Producer Price Index Manual new pro
Page 216 and 217:
Producer Price Index Manual (7.31b)
Page 218 and 219:
Producer Price Index Manual for the
Page 220 and 221:
Producer Price Index Manual H.1 Sho
Page 222 and 223:
Producer Price Index Manual ⎡ ⎢
Page 224 and 225:
Producer Price Index Manual Price S
Page 226 and 227:
Producer Price Index Manual B. Samp
Page 228 and 229:
Producer Price Index Manual B.3 Sam
Page 230 and 231:
Producer Price Index Manual common.
Page 232 and 233:
Producer Price Index Manual price p
Page 234 and 235:
Producer Price Index Manual duction
Page 236 and 237:
Producer Price Index Manual which s
Page 238 and 239:
Producer Price Index Manual (v) Pro
Page 240 and 241:
Producer Price Index Manual However
Page 242 and 243:
Producer Price Index Manual tions.
Page 244 and 245:
Page 246 and 247:
Page 248 and 249:
Producer Price Index Manual in resp
Page 250 and 251:
Producer Price Index Manual for a d
Page 252 and 253:
Page 254 and 255:
9. PPI Calculation in Practice clud
Page 256 and 257:
Producer Price Index Manual B.6.2 S
Page 258 and 259:
Producer Price Index Manual index a
Page 260 and 261:
Producer Price Index Manual The adv
Page 262 and 263:
Producer Price Index Manual whether
Page 264 and 265:
Producer Price Index Manual nity to
Page 266 and 267:
Page 268 and 269:
Producer Price Index Manual problem
Page 270 and 271:
Producer Price Index Manual Dec00:
Page 272 and 273:
Producer Price Index Manual fixed b
Page 274 and 275:
Producer Price Index Manual D.1 Ide
Page 276 and 277:
Producer Price Index Manual 9.168 T
Page 278 and 279:
Producer Price Index Manual cally,
Page 280 and 281:
Producer Price Index Manual ply the
Page 282 and 283:
Producer Price Index Manual B.2 Ann
Page 284 and 285:
Producer Price Index Manual 10.43 C
Page 286 and 287:
Producer Price Index Manual • Ble
Page 288 and 289:
Producer Price Index Manual tionate
Page 290 and 291:
Producer Price Index Manual importa
Page 292 and 293:
Producer Price Index Manual Given t
Page 294 and 295:
Producer Price Index Manual 10.123
Page 296 and 297:
Producer Price Index Manual duced o
Page 298 and 299:
Producer Price Index Manual their d
Page 300 and 301:
Producer Price Index Manual solve t
Page 302 and 303:
Producer Price Index Manual the ave
Page 304 and 305:
Producer Price Index Manual would b
Page 306 and 307:
Producer Price Index Manual service
Page 308 and 309:
Producer Price Index Manual these c
Page 310 and 311:
Page 312 and 313:
Page 314 and 315:
Producer Price Index Manual (a) Res
Page 316 and 317:
Producer Price Index Manual 10. Rec
Page 318 and 319:
Page 320 and 321:
Producer Price Index Manual Voice m
Page 322 and 323:
Producer Price Index Manual USAGE C
Page 324 and 325:
11. Errors and Bias in the PPI disp
Page 326 and 327:
Page 328 and 329:
Producer Price Index Manual 11.24 T
Page 330 and 331:
Producer Price Index Manual of the
Page 332 and 333:
Producer Price Index Manual unitary
Page 335 and 336:
12. Organization and Management A.
Page 337 and 338:
12. Organization and Management ass
Page 339 and 340:
12. Organization and Management of
Page 341 and 342:
12. Organization and Management rie
Page 343 and 344:
12. Organization and Management det
Page 345 and 346:
12. Organization and Management Vis
Page 347 and 348:
12. Organization and Management fou
Page 349 and 350:
13. Publication, Dissemination, and
Page 351 and 352:
Page 353 and 354:
Page 355 and 356:
Page 357 and 358:
Page 359:
Page 363 and 364:
14. The System of Price Statistics
Page 365 and 366:
Page 367 and 368:
Page 369 and 370:
Page 371 and 372:
Page 373 and 374:
Page 375 and 376:
Page 377 and 378:
Page 379 and 380:
Page 381 and 382:
Page 383 and 384:
Page 385 and 386:
Page 387 and 388:
Page 389 and 390:
Page 391 and 392:
Page 393 and 394:
Page 395 and 396:
Page 397 and 398:
I 14. The System of Price Statistic
Page 399 and 400:
15. Basic Index Number Theory 371 k
Page 401 and 402:
15. Basic Index Number Theory 373 1
Page 403 and 404:
15. Basic Index Number Theory 375 l
Page 405 and 406:
15. Basic Index Number Theory 377 T
Page 407 and 408:
Page 409 and 410:
Page 411 and 412:
15. Basic Index Number Theory 383 n
Page 413 and 414:
15. Basic Index Number Theory 385 c
Page 415 and 416:
15. Basic Index Number Theory 387 (
Page 417 and 418:
15. Basic Index Number Theory 389 t
Page 419 and 420:
15. Basic Index Number Theory 391 t
Page 421 and 422:
Page 423 and 424:
15. Basic Index Number Theory 395 C
Page 425 and 426:
Page 427 and 428:
15. Basic Index Number Theory 399 A
Page 429 and 430:
15. Basic Index Number Theory 401 A
Page 431 and 432:
16. Axiomatic and Stochastic Approa
Page 433 and 434:
Page 435 and 436:
Page 437 and 438:
Page 439 and 440:
Page 441 and 442:
Page 443 and 444:
Page 445 and 446:
Page 447 and 448:
Page 449 and 450:
Page 451 and 452:
Page 453 and 454:
Page 455 and 456:
Page 457 and 458:
Page 459 and 460:
Page 461 and 462:
Page 463 and 464:
17. Economic Approach A. Introducti
Page 465 and 466:
17. Economic Approach input price v
Page 467 and 468:
17. Economic Approach possibilities
Page 469 and 470:
17. Economic Approach the numerator
Page 471 and 472:
17. Economic Approach 17.28 The new
Page 473 and 474:
17. Economic Approach 17.36 The abo
Page 475 and 476:
17. Economic Approach riod t establ
Page 477 and 478:
17. Economic Approach 17.49 Suppose
Page 479 and 480: 17. Economic Approach perlative ind
Page 481 and 482: 17. Economic Approach (17.35) C 0 (
Page 483 and 484: 17. Economic Approach (17.46) P T (
Page 485 and 486: 17. Economic Approach ing flexible
Page 487 and 488: 17. Economic Approach P W (p 0 ,p 1
Page 489 and 490: 17. Economic Approach constraint, f
Page 491 and 492: 18. Aggregation Issues A. Introduct
Page 493 and 494: 18. Aggregation Issues (18.4) R 0 (
Page 495 and 496: 18. Aggregation Issues (18.14) R(p
Page 497 and 498: 18. Aggregation Issues Then, this n
Page 499 and 500: 18. Aggregation Issues (18.28) P 1
Page 501 and 502: 18. Aggregation Issues index, P(p y
Page 503 and 504: 18. Aggregation Issues , = 1 N M
Page 505 and 506: 18. Aggregation Issues N M 1 1 1 1
Page 507 and 508: 18. Aggregation Issues (18.56) p t
Page 509 and 510: 18. Aggregation Issues 18.67 Howeve
Page 511 and 512: 18. Aggregation Issues (18.71) p t
Page 513 and 514: 19. Price Indices Using an Artifici
Page 529: 19. Price Indices Using an Artifici
Page 537 and 538: 20. Elementary Indices Any aggregat
Page 539 and 540: 20. Elementary Indices 20.13 Practi
Page 541 and 542: 20. Elementary Indices P D . For ea
Page 543 and 544: 20. Elementary Indices listed in Ch
Page 545 and 546: 20. Elementary Indices approach hel
Page 547 and 548: 20. Elementary Indices (20.41) M
Page 549 and 550: 20. Elementary Indices price collec
Page 551 and 552: 20. Elementary Indices penditure sh
Page 553 and 554: 21. Quality Change and Hedonics 21.
Page 555 and 556: 21. Quality Change and Hedonics uni
Page 557 and 558: 21. Quality Change and Hedonics cha
Page 559 and 560: 21. Quality Change and Hedonics by
Page 561 and 562: 21. Quality Change and Hedonics Die
Page 563 and 564: 21. Quality Change and Hedonics per
Page 565 and 566: 21. Quality Change and Hedonics lis
Page 567 and 568: 21. Quality Change and Hedonics mar
Page 569 and 570: 21. Quality Change and Hedonics or
Page 571 and 572: 21. Quality Change and Hedonics are
Page 573 and 574: 21. Quality Change and Hedonics aga
Page 575 and 576: 21. Quality Change and Hedonics Thi
Page 577 and 578: 21. Quality Change and Hedonics Cha
Page 579 and 580: 21. Quality Change and Hedonics for
Page 581 and 582:
22. Treatment of Seasonal Products
Page 583 and 584:
Page 585 and 586:
Page 587 and 588:
Page 589 and 590:
Page 591 and 592:
Page 593 and 594:
Page 595 and 596:
Page 597 and 598:
Page 599 and 600:
Page 601 and 602:
Page 603 and 604:
Page 605 and 606:
Page 607 and 608:
Page 609 and 610:
Page 611 and 612:
Page 613 and 614:
Page 615 and 616:
Page 617 and 618:
Page 619 and 620:
Page 621 and 622:
Page 623 and 624:
Producer Price Index Manual 616 ter
Page 625 and 626:
Producer Price Index Manual 618 ed.
Page 627 and 628:
Producer Price Index Manual Nationa
Page 629 and 630:
Producer Price Index Manual 622 ___
Page 631 and 632:
Producer Price Index Manual 624 Ede
Page 633 and 634:
Producer Price Index Manual 626 ___
Page 635 and 636:
Producer Price Index Manual 628 Int
Page 637 and 638:
Producer Price Index Manual 630 Met
Page 639 and 640:
Producer Price Index Manual History
Page 641 and 642:
Producer Price Index Manual 634 Ros
Page 643 and 644:
Producer Price Index Manual 636 Sin
Page 645 and 646:
Producer Price Index Manual http://
Page 647 and 648:
Glossary Accrual recording The reco
Page 649 and 650:
Producer Price Index Manual Compens
Page 651 and 652:
Producer Price Index Manual the bas
Page 653 and 654:
Producer Price Index Manual Gross s
Page 655 and 656:
Producer Price Index Manual from th
Page 657 and 658:
Producer Price Index Manual version
Page 659 and 660:
Producer Price Index Manual they ar
Page 661 and 662:
Producer Price Index Manual The wei
Page 663 and 664:
Producer Price Index Manual the res
Page 665 and 666:
Producer Price Index Manual Virtual
Page 667:
Producer Price Index Manual that is
show all

Producer Price Index Manual: Theory and Practice ... - METAC

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?