Definition: Laspeyres volume index

Category: SNA 1993

A Laspeyres volume index is a weighted arithmetic average of quantity relatives using the values of the earlier period as weights. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf
Source:
United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993, § 16.16
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