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QUANTITY REVERSAL TEST

Statistics Directorate    
Definition:
A test that may be used under the axiomatic approach which requires that the price index remains unchanged after the quantity vectors for the two periods being compared are interchanged.

Source Publication:
ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Producer Price Index Manual: Theory and Practice, International Monetary Fund, Washington DC.

Hyperlink:
http://www.imf.org/external/np/sta/tegppi/index.htm

Statistical Theme: Prices and purchasing power partities

Created on Wednesday, February 19, 2003

Last updated on Friday, July 08, 2005