Arbeitspapier

Computing Additive Chained Volume Measures of GDP Subaggregates

This paper derives formulas for additive "chained volume measures" (CVMs) of GDP subaggregates depending on the underlying GDP quantity index. In turn, this paper explains why the formulas used in current practice yield nonadditive CVMs. This paper's additive formulas have significant practical implications given that nonadditivity prevails in all countries that have adopted the CVM framework for GDP and considering that more countries will be adopting this framework.

Language
Englisch

Bibliographic citation
Series: PIDS Discussion Paper Series ; No. 2010-16

Classification
Wirtschaft
Index Numbers and Aggregation; Leading indicators
Subject
additivity
chained volume measure
chained index
Nationaleinkommen
Messung
Preisindex
Theorie

Event
Geistige Schöpfung
(who)
Dumagan, Jesus C.
Event
Veröffentlichung
(who)
Philippine Institute for Development Studies (PIDS)
(where)
Makati City
(when)
2010

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Dumagan, Jesus C.
  • Philippine Institute for Development Studies (PIDS)

Time of origin

  • 2010

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