paasche’s Price Index

Posted by mbalectures | Posted in Descriptive statistics | 3,725 views | Posted on 20-06-2010

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If the quantities of current time period are taken as weights, the weighted aggregative index is called Passche’s Price Index. Since Passche’s Price Index is calculated by taking current year quantities as base therfore it is also called current year quantity weight method.  Mostly, the index indicates  downward trend and inclines to be lower than […]