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Index Numbers: Essays in Honour of Sten Malmquist

Index Numbers: Essays in Honour of Sten Malmquist

Hardcover

Business GeneralEconomics

ISBN10: 0792380509
ISBN13: 9780792380504
Publisher: Springer Nature
Published: Nov 30 1997
Pages: 283
Weight: 1.31
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English
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.

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