|
||
English Version |
Korean Version |
||
|
||
![]() |
||
Abstract
We provide an assessment of the performance of an Engel curve methodology for estimating spatial price indices. We use a unique spatial price data and two conventional price index computation methods, binary Tornqvist and weighted country product dummy method for an ideal assessment of a spatial Engel curve. Poor performance of spatial Engel curve method for estimating spatial price indices implies a strong need for collecting direct spatial price data for calculating spatial price indices. We also provide some implications of a precise measurement of spatial price indices in implementing real inequality and poverty related policies. |
||
Keywords Spatial price index, Engel curve method |
||
JEL classification codes D12, E31,P36 |
Home About Aims and Scope Editorial Board Submit Archive Search Announcement |
![]() Journal of the Korean Econometric Society |
Links KCI KES SCOPUS MathJax |