Since 2014
CPI Aggregation: A New Weighting Scheme
Asian Business Review
View Archive Info| Field | Value | |
| Title |
CPI Aggregation: A New Weighting Scheme
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| Creator |
Rahman, A.F.M. Ataur; Department of Economics, North South University Dhaka, BANGLADESH
Uddin, Noor Md. Wasi; Department of Economics, North South University Dhaka, BANGLADESH |
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| Subject |
Consumer price index, Plutocratic, Democratic, Aggregation
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| Description |
Consumer Price Index (CPI) of a particular region is primarily calculated through aggregation of individual household observations. This aggregation is done following two schemes, plutocratic and democratic. While both of them are useful for certain purposes, none of them actually give proper attention to poor households. In this study, we have shown that weighting scheme with certain mathematical characteristics can actually produce CPI, which can represent poor households better and thus can be more useful for development-oriented policymaking.
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| Publisher |
Asian Business Consortium
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| Contributor |
—
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| Date |
2015-03-03
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://journals.abc.us.org/index.php/abr/article/view/1.2Rahman
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| Source |
Asian Business Review; Vol 1, No 1 (2012): Inaugural Issue; 05-08
2305-8730 2304-2613 |
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| Language |
eng
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| Relation |
http://journals.abc.us.org/index.php/abr/article/view/1.2Rahman/236
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| Rights |
Copyright (c) 2015 A.F.M. Ataur Rahman, Noor Md. Wasi Uddin
http://creativecommons.org/licenses/by-nc/4.0 |
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