Consumer Price Index Substitution Bias Cover Image

Obciążenie wskaźnika cen towarów i usług konsumpcyjnych wynikające z substytucji dóbr
Consumer Price Index Substitution Bias

Author(s): Jacek Białek
Subject(s): Economy, National Economy, Socio-Economic Research
Published by: Główny Urząd Statystyczny
Keywords: price index; consumer price index (CPI); methodology of statistical survey

Summary/Abstract: The paper discusses the CPI substitution bias calculating. The bias is calculated using some known, superlative price indices for Polish data. Additionally, some price index formula are implemented that is not superlative, but it leads to the substitution bias reduction.

  • Issue Year: 59/2014
  • Issue No: 10
  • Page Range: 30-38
  • Page Count: 9
  • Language: Polish