SPLICING INDEX NUMBERS

Authors
Citation
Rj. Hill et Kj. Fox, SPLICING INDEX NUMBERS, Journal of business & economic statistics, 15(3), 1997, pp. 387-389
Citations number
2
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics
ISSN journal
07350015
Volume
15
Issue
3
Year of publication
1997
Pages
387 - 389
Database
ISI
SICI code
0735-0015(1997)15:3<387:SIN>2.0.ZU;2-3
Abstract
This article demonstrates the compelling case for using the geometric mean formula for splicing overlapping index number series. The justifi cation for using the geometric mean rests on the fact that it is the o nly symmetric mean formula that generates a spliced series that is inv ariant to rescaling of the original series.