HomeSNAISWGNAKnowledge BaseData Publications
You are here:   SNA >> 1993 SNA >> Glossary

Glossary of the 1993 SNA - Definition of Term

TermFactor reversal test
DefinitionThe factor reversal test requires that multiplying a price index and a volume index of the same type should be equal to the proportionate change in the current values (e.g. the “Fisher Ideal” price and volume indexes satisfy this test, unlike either the Paasche or Laspeyres indexes).
Paragraphs16.24.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
About  |  Sitemap  |  Contact Us
Copyright © United Nations, 2024