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Volume Index
(redirected from Quantity index)

   Also found in: Medical, Wikipedia 0.01 sec.
Volume Index
An index that measures the aggregate production of a given set of goods and services over a period of time. For example, a volume index may measure changes in the amount of refined oil, corn and automobiles. A volume index may be an indicator of an economy's direction. That is, if production is falling, it may portend an economic downturn.


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Pointing to the 7 percent increase in quantity index in export figures of July, Buyukeksi said, "This is an indicator showing that there is an improvement".
3) My final speculation is that Moorsteen-Bergson quantity index number theory, Moorsteen (1961) and Bergson (1961), requires no econometrics for its implementation (4) whereas index numbers a la Konus have been closely linked with the statistical art of demand systems estimation.
They adopt the view that once the input price index has been defined in a suitable way, the input quantity index should be defined implicitly by the property that the product of the relative price index and the relative quantity index should equal the relative expenditure index.
 
 
 
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