TY  - JOUR
AU  - Diewert,W.E.
TI  - Microeconomic Approaches to the Theory of International Comparisons
JF  - National Bureau of Economic Research Technical Working Paper Series
VL  - No. 53
PY  - 1985
Y2  - December 1985
UR  - http://www.nber.org/papers/t0053
L1  - http://www.nber.org/papers/t0053.pdf
N1  - Author contact info:
W. Erwin Diewert
Department of Economics
University of British Columbia
#997-1873 East Mall
Vancouver, BC  V6T 1Z1
CANADA
Tel: 604/822-2544
Fax: 604/822-5915
E-Mail: diewert@econ.ubc.ca
AB  - The paper considers alternative approaches to providing consistent multilateral indexes of real output, real input, real consumption or productivity across many regions, countries or industries at one point in time. The recommended approaches are based on aggregating up various bilateral indexes which in turn are based on the economic theory of index numbers, either in the producer or consumer theory context. In order to distinguish between various competing multilateral approaches, an axiomatic or test approach to multilateral comparisons is developed. This test approach indicates that the Geary-Khamis and Van Yzeren approaches to multilateral output comparisons are dominated by the (new) own share and the Elteto-Koves-Szulc methods.
ER  -