A restricted-domain multilateral test approach to the theory of international comparisons

• 成果类型: Article
• 署名作者: Armstrong, KG
• 署名单位: Carleton University
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/1468-2354.t01-1-00062
• 发表日期: 2003
• 页码: 31-86
• 关键词: index numbers

摘要

This article develops a novel multilateral test approach to the problem of international comparisons. Many of the associated tests are justified as reasonable using the fact that they are direct analogues to properties of the cost-of-living index. Further support is bestowed upon the new approach by showing that it is equivalent to an extended version of Diewert's (1986) multilateral test approach. Finally, a number of alternative multilateral comparison formulas are evaluated and the relative superiority of two of them is established.