On the Accuracy of Producer Price Indexes for Pharmaceutical Preparations

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis On the Accuracy of Producer Price Indexes for Pharmaceutical Preparations by : Ernst R. Berndt

Download or read book On the Accuracy of Producer Price Indexes for Pharmaceutical Preparations written by Ernst R. Berndt and published by . This book was released on 1990 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports preliminary results of a detailed audit of one component of the Producer Price Index (PPI), using data from a large muiltproduct company. We compare price indexes constructed in a variety of ways from the universe of products of a large pharmaceutical manufacturer in the US, with price indexes constructed from the particular products of this firm sampled by the BIS, using BIS and alternative index number procedures. A principal finding is that price indexes based on the BIB sample of this firm grew similarly to the published PPI's for SIC 28341, but in contrast, price indexes computed using the universe of products manufactured by the firm grew much more slowly. Although some variations emerge depending on how one undertakes the calculations, our typical finding is that, employing monthly data from January 1984 through December 1989, the BIB sample price index rises at nearly the same rate as the PPI, bet at roughly twice the rate of indexes based on the universe of products shipped by this pharmaceutical firm. We also report results of a preliminary attempt to uncover the source of this disparity, we provide some evidence on the "new goods" problem, and we implement a procedure to mitigate the problem of "drift" associated with the Tornqvist approximation to the Divisia chained index.

Brookings Papers on Economic Activity

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Publisher : IICA
ISBN 13 :
Total Pages : 388 pages
Book Rating : 4./5 ( download)

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Book Synopsis Brookings Papers on Economic Activity by : Baily, Martin N., and Clifford M. Winston.

Download or read book Brookings Papers on Economic Activity written by Baily, Martin N., and Clifford M. Winston. and published by IICA. This book was released on with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumer Price Index Manual

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Publisher : International Labour Organization
ISBN 13 : 9789221136996
Total Pages : 578 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis Consumer Price Index Manual by : International Labour Office

Download or read book Consumer Price Index Manual written by International Labour Office and published by International Labour Organization. This book was released on 2004-08-25 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.

Toward a More Accurate Measure of the Cost of Living

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Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Toward a More Accurate Measure of the Cost of Living by : United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index

Download or read book Toward a More Accurate Measure of the Cost of Living written by United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index and published by . This book was released on 1996 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Final Report of the Advisory Commission to Study the Consumer Price Index

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Publisher : DIANE Publishing
ISBN 13 : 9780788149337
Total Pages : 82 pages
Book Rating : 4.1/5 (493 download)

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Book Synopsis Final Report of the Advisory Commission to Study the Consumer Price Index by : United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index

Download or read book Final Report of the Advisory Commission to Study the Consumer Price Index written by United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index and published by DIANE Publishing. This book was released on 1998-05 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses budgetary implications of changes in the Consumer Price Index (CPI) overstating changes in the cost of living. Presents an overview of the CPI, details why it is not a true cost of living index, & discusses substitution bias. Describes procedures employed to adjust for quality change, presents a survey of studies & the Commission's judgment on the bias from quality change & new products, & summarizes findings on the size of the bias. Discusses the issue of separate price indexes for different groups & of aspects of quality of life that fall outside the market based consumption focus of cost-of-living measures.

Health Care Financing Review

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Publisher :
ISBN 13 :
Total Pages : 760 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Health Care Financing Review by :

Download or read book Health Care Financing Review written by and published by . This book was released on 1991 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Price Index Concepts and Measurement

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Publisher : University of Chicago Press
ISBN 13 : 0226148572
Total Pages : 531 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Price Index Concepts and Measurement by : W. Erwin Diewert

Download or read book Price Index Concepts and Measurement written by W. Erwin Diewert and published by University of Chicago Press. This book was released on 2010-02-15 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.

Export and Import Price Index Manual: Theory and Practice

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Publisher : OECD Publishing
ISBN 13 : 9264085416
Total Pages : 705 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Export and Import Price Index Manual: Theory and Practice by : OECD

Download or read book Export and Import Price Index Manual: Theory and Practice written by OECD and published by OECD Publishing. This book was released on 2010-04-06 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both ...

Accounting for Health and Health Care

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Publisher : National Academies Press
ISBN 13 : 0309186846
Total Pages : 239 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Accounting for Health and Health Care by : National Research Council

Download or read book Accounting for Health and Health Care written by National Research Council and published by National Academies Press. This book was released on 2011-01-05 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has become trite to observe that increases in health care costs have become unsustainable. How best for policy to address these increases, however, depends in part on the degree to which they represent increases in the real quantity of medical services as opposed to increased unit prices of existing services. And an even more fundamental question is the degree to which the increased spending actually has purchased improved health. Accounting for Health and Health Care addresses both these issues. The government agencies responsible for measuring unit prices for medical services have taken steps in recent years that have greatly improved the accuracy of those measures. Nonetheless, this book has several recommendations aimed at further improving the price indices.

Pharmaceutical Marketplace Reform

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Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Pharmaceutical Marketplace Reform by : United States. Congress. Senate. Special Committee on Aging

Download or read book Pharmaceutical Marketplace Reform written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 1994 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Guide to Foreign Trade Statistics

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Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Guide to Foreign Trade Statistics by : United States. Bureau of the Census

Download or read book Guide to Foreign Trade Statistics written by United States. Bureau of the Census and published by . This book was released on 1992 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Generic Entry and the Pricing of Pharmaceuticals

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Generic Entry and the Pricing of Pharmaceuticals by : Richard G. Frank

Download or read book Generic Entry and the Pricing of Pharmaceuticals written by Richard G. Frank and published by . This book was released on 1995 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1980s the share of prescriptions sold by retail pharmacies that was accounted for by generic products roughly doubled. The price response to generic entry of brand-name products has been a source of controversy. In this paper we estimate models of price responses to generic entry in the market for brand-name and generic drugs. We study a sample of 32 drugs that lost patent protection during the early to mid-1980s. Our results provide strong evidence that brand-name prices increase after entry and are accompanied by large price decreases in the price of generic drugs.

Prescription Drug Prices

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ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Prescription Drug Prices by : United States. General Accounting Office

Download or read book Prescription Drug Prices written by United States. General Accounting Office and published by . This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Skyrocketing Prescription Drug Prices

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ISBN 13 :
Total Pages : 808 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Skyrocketing Prescription Drug Prices by : United States. Congress. Senate. Special Committee on Aging

Download or read book Skyrocketing Prescription Drug Prices written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 1990 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Price Change and Product Mix on Prescription Drug Expenditures in a Health Maintenance Organization (HMO)

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Publisher :
ISBN 13 :
Total Pages : 254 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis The Effects of Price Change and Product Mix on Prescription Drug Expenditures in a Health Maintenance Organization (HMO) by : Surachat Ngorsuraches

Download or read book The Effects of Price Change and Product Mix on Prescription Drug Expenditures in a Health Maintenance Organization (HMO) written by Surachat Ngorsuraches and published by . This book was released on 1999 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Getting Prices Right

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Publisher : Routledge
ISBN 13 : 131550264X
Total Pages : 201 pages
Book Rating : 4.3/5 (155 download)

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Book Synopsis Getting Prices Right by : Dean Baker

Download or read book Getting Prices Right written by Dean Baker and published by Routledge. This book was released on 2016-07-01 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compiled by the Bureau of Labor Statistics, the CPI is used to index Social Security payments and many other federal programs, as well as to adjust tax brackets. Today, the accuracy of the CPI is being hotly debated, particularly in light of the Boskin Commission report that concluded in December 1996 that the CPI overstates inflation by 1.1%. If accepted and applied in the formulation of economic policy, the report would have major implications for balancing the federal budget. It would have a direct impact on the lives of Americans who are beneficiaries of government programs as well as on everyone who pays taxes. In this book, Dean Baker introduces and explains the significance of the debate, presents the full text of the Boskin Commission report and finally discusses in a far-reaching and insightful analysis both the Commission's research methodology and its conclusions.

Health Security Act of 1993

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Publisher :
ISBN 13 :
Total Pages : 356 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Health Security Act of 1993 by : United States. Congress. Senate. Committee on Labor and Human Resources

Download or read book Health Security Act of 1993 written by United States. Congress. Senate. Committee on Labor and Human Resources and published by . This book was released on 1994 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: