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A TAXONOMY OF MULTILATERAL METHODS FOR MAKING INTERNATIONAL COMPARISONS OF PRICES AND QUANTITIES
Author(s) -
Hill Robert J.
Publication year - 1997
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1997.tb00200.x
Subject(s) - taxonomy (biology) , strengths and weaknesses , economics , econometrics , computer science , management science , ecology , psychology , biology , social psychology
A taxonomy of multilateral methods is developed. All the main methods are classified within the taxonomy. It is then shown that methods in the same class share many of the same properties. Therefore the taxonomy should help practitioners to appreciate the wide range of alternative methods for making international comparisons, the relationships between methods, and the relative strengths and weaknesses of each method.