TARGET-ORIENTED APPROACH TO CALCULATING PRICE AND QUANTITY INDEXES

Authors

  • A. Kuritsyn
  • S. Sologubov

Keywords:

Index ratio, Laspeyres and Paasche indices, exponential transformation law, Bortkiewicz ratio, orientation-target price and quantity indices

Abstract

The article considers a new target-oriented approach to the definition of price and quantity indices as independent functions of the value index. An approach that allows iterative calculations to obtain the coordinates of the convergence point of the Laisperes and Paasche indices and thereby solve the currently existing dilemma of choosing a method for decomposing the cost index into factors.

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Published

2021-03-22

Issue

Vol. 4 No. 12(64) (2020)

Section

Статьи

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