An edition of Index numbers (1997)
Index numbers
essays in honor of Sten Malmquist
By Shawna Grosskopf,R. Robert Russell
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Publish Date
1997
Publisher
Kluwer Academic
Language
eng
Pages
290
Description:
Professor Sten Malmquist constructed the Malmquist quantity index and in doing so developed a distance function defined on a consumption space. This function is the consumer analog to the Shephard input distance function of producers and is used in ratio form to define the quantity index. This volume contains new contributions based on Malmquist's work nearly 50 years ago and provides modern perspectives on the value of this research.