Linear programming formulation for a new cost indices system

Linear programming formulation for a new cost indices system

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Article ID: iaor1998856
Country: Brazil
Volume: 16
Issue: 1
Start Page Number: 54
End Page Number: 65
Publication Date: Jun 1996
Journal: Pesquisa Operacional
Authors: , ,
Keywords: programming: linear
Abstract:

This work presents a new proposal for cost indices formulation which incorporates technological evolution, production seasonality and consumption habits changing effects. These indices can produce better estimates of economic welfare evolution for a given population and reveal existent biases due to present methodology based in fixed quantities and prices.

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