Philippine Standard time

Computing Additive Chained Volume Measures of GDP Subaggregates

DP 2010-16
2010

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 time(s).

  1. Dumagan, Jesus C, 2011 "Implementing weights for additivity of chained volume measures in the national accounts" , Philippine Institute for Development Studies

  2. Dumagan, Jesus C, 2011 "Deriving weights for additivity of chained volume measures in the national accounts" , Philippine Institute for Development Studies

  3. Dumagan, Jesus C, 2011 "Deriving weights for additivity of chained volume measures in the national accounts" , Philippine Institute for Development Studies

  4. Dumagan, Jesus C., 2011 "Implementing weights for additivity of chained volume measures in the national accounts" , Philippine Institute for Development Studies


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Contributor
Philippine Institute for Development Studies
Authors
Dumagan, Jesus C.
Keywords
chained index; additivity; chained volume measure
Cite
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