Date Published:
Jun 01, 2010
Category:
Discussion Papers
Focus Area(s):
Author(s):
Code:
DP 2010-16

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.

Citations

This publication has been cited 4 times

In other Publications
  1. Dumagan, Jesus C. 2011. Deriving weights for additivity of chained volume measures in the national accounts. Discussion Papers DP 2011-08. Philippine Institute for Development Studies.
  2. Dumagan, Jesus C. 2011. Implementing weights for additivity of chained volume measures in the national accounts. Discussion Papers DP 2011-09. Philippine Institute for Development Studies.
  3. Dumagan, Jesus C. 2011. Deriving weights for additivity of chained volume measures in the national accounts. Discussion Papers DP 2011-08. Philippine Institute for Development Studies.
  4. Dumagan, Jesus C.. 2011. Implementing weights for additivity of chained volume measures in the national accounts. Discussion Papers DP 2011-09. Philippine Institute for Development Studies.


Main Menu

Secondary Menu