Gerschenkron effect
id:
gerschenkron-effect-191-1856479
title:
Gerschenkron effect
text:
The Gerschenkron effect, developed by Alexander Gerschenkron, claims that changing the base year for an index determines the growth rate of the index. This effect is applicable only to aggregation method using reference price structure or reference volume structure. However, if production is measured by "real" tearms, this effect does not exist. This description is from the OECD website: Simply, put the “Gerschenkron effect” measures the difference between Paasche and Laspeyres indices. That mea
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Gerschenkron_effect
date created:
date modified:
2023-11-07T14:50:22Z
main entity:
{"identifier":"Q3048941","url":"https://www.wikidata.org/entity/Q3048941"}
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13
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13