p_paasche: Paasche price index.

In ErikOSorensen/pppindexr: Price and Quantity Indices for International Comparisons

Paasche price index.

Description

The Paasche price index is calculated as

\frac{∑_i p^t_i q^t_t}{∑_i p^b_i q^t_i}.

Arguments can either be vectors or matrices.

Usage

p_paasche(pt, pb, qt)

Arguments

pt	A n-vector (or m x n matrix) of prices in current period.
pb	A n-vector (or m x n matrix) of prices in the baseline period.
qt	A n-vector (or n x n matrix) of quantities in the current period.

Value

Price index between current an baseline period (number or vector).

Examples

Pt <- matrix(1:6, ncol = 2)
Pb <- Pt*0.7
Qt <- matrix(2:7, ncol = 2)
p_paasche(Pt, Pb, Qt)
p_paasche(Pt[1,], Pb[1,], Qt[1,])

ErikOSorensen/pppindexr documentation built on Jan. 7, 2023, 4:11 p.m.