ISSUES ON USING PRICE INDICES FOR ESTIMATING GDP AND ITS COMPONENTS AT CONSTANT PRICES ACCORDING TO SNA METHODOLOGY
Journal Title: Вісник Київського національного університету імені Тараса Шевченка. Економіка. - Year 2014, Vol 7, Issue 160
Abstract
The article examines methodological approaches to the calculation of price indices (deflators) for qualitative estimates of GDP and its components. Particular attention is paid to consumer price indices and producer price indices. It analyses their dynamics in 20013, describes procedure for selecting goods and services of the representatives, as well as calculation of regional indices by administrative units. It also marks advantages and disadvantages of conceptual approaches to index price research through the use of Laspeyres and Paasche formulas. In order to improve quality estimates for GDP and its components at constant prices, the current reporting period prices were proposed to be adjusted for "quality shift", as well as for price discrimination, which, according to the System of National Accounts, is a factor of price rather than volume change.
Authors and Affiliations
Kateryna Prykhodko
Keywords
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- EP ID EP404235
- DOI 10.17721/1728-2667.2014/160-7/13
- Views 96
- Downloads 0
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