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单词 base-weighted index
释义
base-weighted index

Statistics
  • See index number.


Economics
  • A weighted average of prices or quantities, where the weights used are the quantities or the prices of the base period. Let pij and qij be the prices and quantities of N goods, i = 1, 2,…N, in period j. If t is the latest period and 0 the base period, the base-weighted or Laspeyres price index is given by

    PB=(Σipitqio)/(Σipioqio)

    and the base-weighted or Laspeyres quantity index is given by

    QB=(Σipioqit)/(Σipioqio).


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