TY  - JOUR
AU  - Diewert,W. Erwin
TI  - Price and Volume Measures in the System of National Accounts
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5103
PY  - 1995
Y2  - May 1995
UR  - http://www.nber.org/papers/w5103
L1  - http://www.nber.org/papers/w5103.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 is an extensive review of chapter 16 in the System of National Accounts, 1993 written by Peter Hill.  The basic principles for measuring price and quantity change in the National Accounts are explained.  The paper also presents some new material on the consistency of superlative indexes with indexes which are additive in their components.  Some new material on the treatment of quality change is also presented which indicates that traditional Statistical Agency treatments of this issue will lead to upward bias in price indexes.  The literature on sources of bias in consumer price indexes is also reviewed.
ER  -