Paasche's index

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Paasche's index

[¦päs·kəz ′in‚deks]
(statistics)
A weighted aggregate price index with given-year quantity weights. Also known as given-year method.
References in periodicals archive ?
Regarding price deflators, in many cases GDP deflators (or something close) are being used as deflators for investment in intangible capital.
As time passes, the effects of nonmonetary events (velocity) on the GDP deflator fade and the connection between excess-money growth and prices starts to predominate.
With the negative terms of trade also contributing to the depressing GDP deflator, nominal GDP fell by 0.
GDP and the GDP deflator are based on the same set of goods and services.
To make the forecasts comparable, we construct an SPF CT for the GDP deflator in the same manner.
Panel A of figure 2 displays the log of our measure of real marginal cost and inflation measured using the GDP deflator for the sample 1959-2001.
watched price barometers - the GDP deflator, which is the broadest
Not only will output fall in 2002 for the second successive year, the GDP deflator will fall by 11/4 per cent, the fifth successive annual decline in prices.
But even though the so-called GDP deflator - which measures changes in the prices of domestically produced goods - jumped to a 1.
As noted in the Introduction, the New Zealand Ministry of Health deflates health expenditures by the CPI, while up to 1996 the Canadian Department of Health and Welfare used the implicit GDP deflator (Health and Welfare Canada, 1983, p.
In the analysis to follow, I use two alternative measures of aggregate output, real GDP (Citibase code: GDPQ) [TABULAR DATA FOR TABLE I OMITTED] and industrial production (IP), and three measures of the price level, the implicit GDP deflator (GDPD), the Consumer Price Index (PUNEW), and the Producer Price Index (PW).
Inflation in 1993, as measured by the GDP deflator, is expected to rise about the same as in 1992, between 2 and 3 percent.