Advances in Economic Measurement: A Volume in Honour of D. S. Prasada Rao

This book honors D.S. Prasada Rao's contributions to economic measurement, including index number methods, stochastic approaches, purchasing power parities, and income and economic insecurity measurement. It includes contributions from renowned researchers in productivity measurement, income and health inequality, inequality of opportunity, and measurement of insecurity. The chapters provide in-depth reviews of the state of the art in these areas, making it an invaluable resource for researchers and students.

Format: Hardback
Length: 663 pages
Publication date: 04 October 2022
Publisher: Springer Verlag, Singapore

The purpose of this book is to pay tribute to D.S. Prasada Rao, a distinguished scholar who has made groundbreaking contributions to economic measurement. Rao's contributions span various areas, including index number methods for international comparisons of prices, real incomes, output, and productivity; stochastic approaches to index numbers; purchasing power parities for measuring regional and global inequality and poverty; and the measurement of income and economic insecurity.

This comprehensive volume brings together a collection of insightful contributions from renowned and influential researchers in the field of economic measurement. The book is organized into three parts, each addressing distinct aspects of economic measurement.

Part I focuses on productivity measurement, encompassing chapters authored by esteemed scholars such as Conchita Dambrosio, Bert Balk, Erwin Diewert, Robert Hill, Robert Inklaar, Knox Lovell, Robin Sickles, Jacques Silber, and Marcel Timmer. These chapters provide in-depth reviews of the state-of-the-art methods and applications in productivity measurement, making the volume an invaluable resource for both experienced researchers and newcomers, including Ph.D. and other postgraduate students.

Part II delves into income and health inequality, inequality of opportunity, and the measurement of insecurity. Contributions by authors like Conchita Dambrosio, Bert Balk, Erwin Diewert, Robert Hill, Robert Inklaar, Knox Lovell, Robin Sickles, Jacques Silber, and Marcel Timmer offer comprehensive insights into these critical topics, shedding light on the existing methods and applications employed in these fields.

Part III explores index number theory and its applications to consumer price index numbers, international comparisons of prices and real expenditures, and housing price index numbers. Chapters authored by renowned scholars like Conchita Dambrosio, Bert Balk, Erwin Diewert, Robert Hill, Robert Inklaar, Knox Lovell, Robin Sickles, Jacques Silber, and Marcel Timmer provide detailed discussions on the latest developments and advancements in index number theory, making the volume an essential reference for researchers and practitioners in these domains.

In conclusion, this book serves as a fitting tribute to D.S. Prasada Rao's remarkable contributions to economic measurement. By gathering the expertise of leading researchers in the field, it provides a comprehensive and up-to-date overview of the state-of-the-art methods and applications in productivity measurement, income and health inequality, inequality of opportunity, and measurement of insecurity. The volume is an invaluable resource for scholars, researchers, and practitioners seeking to advance their understanding of economic measurement and its applications.

Weight: 1016g
Dimension: 210 x 148 (mm)
ISBN-13: 9789811920226
Edition number: 1st ed. 2022