IES Management College And Research Centre

Estimating Consumer Price Indices Through Engel Curve and Linear Expenditure System: An Exploratory Note (Record no. 48284)

MARC details
000 -LEADER
fixed length control field nam a22 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20170923163655.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 170919b xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Bhattacharjee, Kaushik
9 (RLIN) 27495
245 ## - TITLE STATEMENT
Title Estimating Consumer Price Indices Through Engel Curve and Linear Expenditure System: An Exploratory Note
300 ## - PHYSICAL DESCRIPTION
Extent 48 - 69 p.
520 ## - SUMMARY, ETC.
Summary, etc This paper proposes a method of estimating spatial bilateral price index numbers from cross-section consumer expenditure data on different items using Engel curve analysis. A simple technique is developed by which it is possible to find a method for estimating a set of consumer price index numbers for a group of consumer expenditure items (both goods and services) for which only expenditure data are available. The main assumption of this technique is that the Linear Expenditure System (LES) is the correct and actual description of the complete demand system of the particular population of which we are interested to find the price index. The usefulness of the procedure is that it overcomes the problem of data inadequacy, a problem that is still prevalent in various databases, especially in the developing countries and it is easy to implement. To illustrate the method, ICRISAT VDSA database (which is in the public domain) of consumer expenditure is used and the spatial consumer price index number for non-food group for four villages of Andhra Pradesh is calculated for four years with one particular village taken as the base. The main limitation of the method is that violation of LES assumption can lead to inconsistent results.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Consumer Price Index
Uncontrolled term Developing countries--LDCs
Uncontrolled term Methods
Uncontrolled term Data bases
Uncontrolled term Food
Uncontrolled term Cereals
Uncontrolled term Economic models
Uncontrolled term Expenditures
Uncontrolled term International comparisons
Uncontrolled term Inflation
Uncontrolled term Towns
Uncontrolled term Studies
773 0# - HOST ITEM ENTRY
Host Biblionumber 30428
Host Itemnumber 66509
Main entry heading MURTHY, E N
Place, publisher, and date of publication IUP PUBLICATION HYDERABAD
Other item identifier 5557553
Title APPLIED ECONOMICS
856 ## - ELECTRONIC LOCATION AND ACCESS
Materials specified July 2017 Vol XVI No. 3
Uniform Resource Identifier https://search.proquest.com/docview/1926896891/8982A449E3F34FF8PQ/3?accountid=136204
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 19/09/2017   Vol 16, No 3/ 5557553JA4 5557553JA4 19/09/2017 19/09/2017

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