Estimating Consumer Price Indices Through Engel Curve and Linear Expenditure System: An Exploratory Note (Record no. 48284)
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000 -LEADER | |
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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 |
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 |
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Dewey Decimal Classification | Main Library | Main Library | 19/09/2017 | Vol 16, No 3/ 5557553JA4 | 5557553JA4 | 19/09/2017 | 19/09/2017 |