CES_sigma_2 {IndexNumR}

Dataset of prices and quantities on four products

Description

A constructed dataset containing the prices and quantities of four products over a twelve month period, assuming CES preferences.

Usage

CES_sigma_2

Format

A data frame with 48 rows and 4 columns:

time

time period

prices

constructed prices

quantities

constructed quantities

prodID

product identifier

Source

Computed using procedure in W.E. Diewert and K.J. Fox (2017), "Substitution Bias in Multilateral Methods for CPI Construction Using Scanner Data", Discussion Paper 17-02, Vancouver School of Economics, The University of British Columbia.