COMPARATIVE ANALYSIS OF SOME SELECTED DOMESTIC COMMODITIES USING FOUR METHODS OF PRICE INDEX (A CASE STUDY OF TARABA STATE FOR PERIOD OF 2008-2016)
Abstract
This research work focuses on the use of price indices to compare prices of some selected
domestics commodities in Taraba state. Secondary data were collected, from the Statistical
year book, Taraba State. The data were analyzed using Lasepeyre’s, Pa’asches, Wa’aschs and
Kelly’s price indices. In the analysis we observed that there was an increase of about 5.7% in
prices of commodities in 2010 also an increase in prices of about 86.31% in 2016 and a little
decreases in prices of commodities in 2009, 2011 to 2015.
References
[1] Afolabi (1999): “Monetary Economics”, Heineman educational books
[2] Arora P.N (2007) Comprehensive Statistical Method, Ram Nagar Delhl-110055.
[3] Brofenbrenner S.G. (1988) pp 121-124 “Macro Economics”, Houghton Miffin, USA.
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^ Jump up to:a
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Needless and Useless,
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PP 39-41
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[2] Arora P.N (2007) Comprehensive Statistical Method, Ram Nagar Delhl-110055.
[3] Brofenbrenner S.G. (1988) pp 121-124 “Macro Economics”, Houghton Miffin, USA.
[4] "Index Investing: What Is An Index?". www.investopedia.com. 1 December 2003. Retrieved 23
September 2016.
[5] Jump up^ "GDP deflator and measuring inflation". www.politonomist.com. Archived from the
original on 17 January 2009. Retrieved 23 September 2016.
[6] Jump up^ Diewert, W. E.,1973 "Index Numbers", in Eatwell, John; Milgate, Murray; Newman,
Peter,, The New Palgrave: A Dictionary of Economics, 2, pp. 767–780
[7] Jump up^ Moulton, Brent R.; Smith, Jeffrey W., "Price Indices", in Newman, Peter; Milgate,
Murray; Eatwell, John, The New Palgrave Dictionary of Money and Finance, 3, pp. 179–181
^ Jump up to:a
[8] Levine Stephen Krehbiel, Berenson (2005); Statistics for Managers. Fift edition
[9] Lind , Michael,Wathen (2010); Statistical Techniques Business in Economics,
Fourth edition, pp565-598
[10] Michael Albert (2013); Executive Compensation and Firm Leverage
Online at https://mpra.ub.uni-muenchen.de/60839/ MPRA Paper No. 60839, posted 23 December
2014 13:32 UTC
[11] Peter von der Lippe (12/4/2014), The Stochastic Approach to Index Numbers:
Needless and Useless,
[12] Rowan D.C.(1968) “Output, inflation and Growth” Macmillan education Ltd London
PP 39-41
[13] Spiegel M. K. (1961) “Statistics” PP. 340-350.
Published
2018-12-31
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