Understanding index numbers as indicators showing the relative size of variables based on a chosen base value, typically representing averages or aggregates across sectors.
A comprehensive guide to understanding the current-weighted, or Paasche, volume index.
The period whose data are identified with an index of 100 (or sometimes 1) for the construction of an index number.
An explanation of the current-weighted index, better known as the Paasche index, including its definition, significance, and comparative analysis with other economic indices.
An overview of the current-weighted or Paasche price index and its significance in economics.
A type of current-weighted index used to measure price or quantity changes over time.
