IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v46y2014i22p2685-2699.html
   My bibliography  Save this article

A comparison of six sampling schemes for price index construction in a COICOP food group

Author

Listed:
  • Saeed Heravi
  • Peter Morgan

Abstract

This article compares the behaviour of sampling techniques for price indices using a scanner data set as a model population. Indices produced by two purposive deterministic cut-off designs and four probabilistic sampling schemes are compared with each other and with the 'true' population index from the whole data set. We found that the two deterministic cut-off sampling schemes show much different behaviour from the probabilistic sampling schemes. This is not unexpected, as the former schemes have a very restricted focus with respect to the variety of products. We also found that the probabilistic schemes are generally closer to each other and the 'true' value than the deterministic cut-off designs. The jackknife resampling technique is also explored as a means of estimating the SE of the index and compared with the actual results from repeated sampling.

Suggested Citation

  • Saeed Heravi & Peter Morgan, 2014. "A comparison of six sampling schemes for price index construction in a COICOP food group," Applied Economics, Taylor & Francis Journals, vol. 46(22), pages 2685-2699, August.
    • Handle: RePEc:taf:applec:v:46:y:2014:i:22:p:2685-2699
    DOI: 10.1080/00036846.2014.909574
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2014.909574
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2014.909574?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. Seljak Rudi & Bregar Lea & Colić Sanda & Dozet Maja, 2018. "Probabilistic sampling strategy as a means of improving quality of price indices," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 4(2), pages 35-46, November.

    More about this item

    Statistics

    Access and download statistics

    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:taf:applec:v:46:y:2014:i:22:p:2685-2699. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    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.