IDEAS home Printed from https://ideas.repec.org/a/spr/joecth/v23y2003i1p149-164.html
   My bibliography  Save this article

The theory of economic price and quantity indicators

Author

Listed:
  • Bert Balk
  • Rolf Färe
  • Shawna Grosskopf

Abstract

This paper develops the theory of economic price and quantity indicators, being the difference analogue of indexes. The properties of indicators and indexes are compared. Observable bounds for the indicators will be derived, as well as two exactness results for Bennet (1920)-type price and quantity indicators. Copyright Springer-Verlag Berlin/Heidelberg 2003

Suggested Citation

  • Bert Balk & Rolf Färe & Shawna Grosskopf, 2003. "The theory of economic price and quantity indicators," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(1), pages 149-164, December.
    • Handle: RePEc:spr:joecth:v:23:y:2003:i:1:p:149-164
    DOI: 10.1007/s00199-003-0364-5
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s00199-003-0364-5
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s00199-003-0364-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Valentin Zelenyuk, 2023. "Productivity analysis: roots, foundations, trends and perspectives," Journal of Productivity Analysis, Springer, vol. 60(3), pages 229-247, December.
    2. Frederic Ang & Pieter Jan Kerstens, 2018. "Superlative approximation of the Luenberger-Hicks-Moorsteen productivity indicator: Theory and application," IFRO Working Paper 2018/10, University of Copenhagen, Department of Food and Resource Economics.
    3. Rolf Färe & Valentin Zelenyuk, 2021. "On aggregation of multi-factor productivity indexes," Journal of Productivity Analysis, Springer, vol. 55(2), pages 107-133, April.
    4. Frederic Ang & Kristiaan Kerstens & Jafar Sadeghi, 2023. "Energy productivity and greenhouse gas emission intensity in Dutch dairy farms: A Hicks–Moorsteen by‐production approach under non‐convexity and convexity with equivalence results," Journal of Agricultural Economics, Wiley Blackwell, vol. 74(2), pages 492-509, June.
    5. Ang, Frederic & Kerstens, Pieter Jan, 2017. "Decomposing the Luenberger–Hicks–Moorsteen Total Factor Productivity indicator: An application to U.S. agriculture," European Journal of Operational Research, Elsevier, vol. 260(1), pages 359-375.
    6. Ang, Frederic & Kerstens, Pieter Jan, 2020. "A superlative indicator for the Luenberger-Hicks-Moorsteen productivity indicator: Theory and application," European Journal of Operational Research, Elsevier, vol. 285(3), pages 1161-1173.
    7. Frederic Ang & Stephen J. Ramsden, 2024. "Analysing determinate components of an approximated Luenberger–Hicks–Moorsteen productivity indicator: An application to German dairy‐processing firms," Agribusiness, John Wiley & Sons, Ltd., vol. 40(2), pages 349-370, April.
    8. Stefano NASINI & Rabia NESSAH, 2021. "Endogenous Learning in Multi-Sector Economies," Working Papers 2021-EQM-08, IESEG School of Management, revised Oct 2023.
    9. Rolf Färe & Valentin Zelenyuk, 2020. "POn Fisher Aggregation of Multi-factor Productivity Indexes," CEPA Working Papers Series WP082020, School of Economics, University of Queensland, Australia.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joecth:v:23:y:2003:i:1:p:149-164. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.