Index numbers and them application for the economy in Iraq | ||
| Diyala Journal For Pure Science | ||
| Article 1, Volume 7, Issue 4, December 2011, Pages 98-128 | ||
| Abstract | ||
| Index number is one of the most important tools of statistical analysis that reveals the true reality of the level of economic indicators and financial, monetary and social, as is the case for index of consumer prices and the index of wages, as well as the record on both the proportion of trade and the level of agricultural and industrial production and the strength of indicators other cash for trading in markets finance and trade. In the first section we explain the concept of index numbers and types of formulas and mathematical laws their own, focusing on Laspeyres price index and Paasche price index and the relationship between them and the Fisher's ideal index. In the second section we show the basic steps and the task that can be followed in the setup and configuration records through the identification of the goods covered and determine the base period, as well as the mathematical formulas to do so. In the third section we show the practical side of records in the agricultural sector, plant and animal in the manufacturing and extractive, water, electricity, construction and trade-capable browser. We do this by using the Iraqi experience by explaining an easy technic which can be. In the last of this article the researcher give a set of conclusions and recommendations focused on the need to adopt a base year for comparison is valid close to and use of scientific and technical development to find the index number. | ||
| Keywords | ||
| Index number; Statistical analysis; Economy | ||
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