TABLE 6.
QUALITY-CONSTANT FIXED WEIGHT AND CHAINED PRICE INDEXES
(Based on Yearly Retransformed Logarithmic Regressions)
FISCAL YEAR | LASPEYRES | PAASCHE | FISHER IDEAL | |||
---|---|---|---|---|---|---|
FIXED | CHAIN | FIXED | CHAIN | FIXED | CHAIN | |
1994-1995 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
1995-1996 | 85.98 | 85.98 | 83.75 | 85.63 | 84.86 | 85.80 |
1996-1997 | 76.51 | 77.30 | 85.66 | 79.62 | 80.96 | 78.45 |
1997-1998 | 73.54 | 71.75 | 78.45 | 73.22 | 75.95 | 72.48 |
1998-1999 | 73.78 | 71.49 | 78.33 | 72.51 | 75.98 | 72.00 |
1999-2000 | 75.25 | 74.67 | 81.85 | 75.77 | 78.48 | 75.22 |
AAGR | −5.53% | −5.68% | −3.93% | −5.40% | −4.73% | −5.54% |