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Diewert, W. E. (W. Erwin)

Overview
Works: 261 works in 543 publications in 3 languages and 3,718 library holdings
Genres: Conference proceedings 
Roles: Editor
Classifications: HC106.3, 338.528
Publication Timeline
Key
Publications about W. E Diewert
Publications by W. E Diewert
Most widely held works by W. E Diewert
Price index concepts and measurement ( file )
12 editions published between 2009 and 2010 in English and held by 594 libraries worldwide
Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COL
Price level measurement by W. E Diewert( Book )
10 editions published in 1990 in English and Undetermined and held by 302 libraries worldwide
International trade price indexes and seasonal commodities by William F Alterman( Book )
3 editions published in 1999 in English and held by 285 libraries worldwide
The measurement of the economic benefits of infrastructure services by W. E Diewert( Book )
13 editions published between 1985 and 1986 in English and held by 268 libraries worldwide
Essays in index number theory by W. E Diewert( Book )
12 editions published in 1993 in English and held by 222 libraries worldwide
Imputation and price indexes theory and evidence from the international price program by Robert C Feenstra( file )
1 edition published in 2001 in English and held by 193 libraries worldwide
Measurement in economics : theory and applications of economic indices ( Book )
4 editions published between 1987 and 1988 in English and held by 184 libraries worldwide
Mathematical modelling in economics : essays in honor of Wolfgang Eichhorn by W. E Diewert( Book )
10 editions published between 1993 and 1995 in English and German and held by 141 libraries worldwide
This volume presents a collection of more than sixty papers on mathematical economics. All papers use a model-based approach. The focus of the book is to demonstrate the state-of-the-art in modelling and research in important areas of economic theory. It is divided into four parts: Part I: Economics; Part II: Operations Research and Models of the Firm; Part III: Risk, Insurance, and Statistics; Part IV: Policy and Methodology. The papers are written by international experts who have dedicated their contributions to Wolfgang Eichhorn on the occasion of his 60th birthday. Researchers as well as graduate students interested in mathematical modelling in economics will find this book a rich source of interesting and novel results
Axiomatic and economic approaches to elementary price indexes by W. E Diewert( Book )
14 editions published in 1995 in English and held by 84 libraries worldwide
In a 1993 paper, Marshall Reinsdorf finds that the CPI components for food and gas were biased upward by about 2% and 1% per year respectively during the 1980s. He attributes this result to outlet substitution bias. The more recent paper by Reinsdorf and Moulton [1994] presents an alternative explanation for Reinsdorf's earlier results: when the BLS moved to probability sampling of prices in 1978, the micro price quotations were aggregated together using an index number formula that generates an upward bias. This paper further explores the central theoretical issue raised by the Reinsdorf-Moulton paper: the choice of an index number formula to aggregate prices at the finest level of disaggregation. This issue is examined from both axiomatic and economic perspectives. This paper also reviews the empirical literature on alternative elementary price indexes, and the recent literature on sources of bias in consumer price indexes. The findings of this paper in conjunction with the empirical work of Reinsdorf and Moulton yield a number of recommendations for Statistical Agencies which are outlined in the final section
Price and volume measures in the System of National Accounts by W. E Diewert( Book )
12 editions published in 1995 in English and held by 83 libraries worldwide
The paper is an extensive review of chapter 16 in the System of National Accounts, 1993 written by Peter Hill. The basic principles for measuring price and quantity change in the National Accounts are explained. The paper also presents some new material on the consistency of superlative indexes with indexes which are additive in their components. Some new material on the treatment of quality change is also presented which indicates that traditional Statistical Agency treatments of this issue will lead to upward bias in price indexes. The literature on sources of bias in consumer price indexes is also reviewed
Axiomatic and economic approaches to international comparisons by W. E Diewert( Book )
11 editions published in 1996 in English and held by 83 libraries worldwide
The paper considers the problem of choosing a multilateral system of index numbers in order to make aggregate price and quantity comparisons between many countries and regions. The problems involved in choosing functional forms in order to make these comparisons are both theoretically and empirically more difficult than the problems involved in choosing a bilateral index number formula. The great variation in relative prices and quantities in the international context means that the choice of a multilateral method is empirically important: different methods will give very different answers. The paper reviews ten classes of multilateral methods both from the viewpoint of the axiomatic approach as well as the economic approach. A new system of 11 desirable axioms or properties for multilateral systems is suggested. With respect to the economic approach, the concept of a superlative bilateral index number formula (which can adequately model substitution effects) is adapted to the multilateral context. Each of the 10 classes of multilateral methods is evaluated from the axiomatic and economic perspectives. Four classes of methods are identified as being best' They are all superlative and satisfy slightly different sets of axioms
Productivity measurement for a distribution firm by W. E Diewert( Book )
9 editions published in 1994 in English and held by 78 libraries worldwide
The paper derives a consistent accounting framework for the treatment of inventories when measuring the productivity of a distribution firm. The average purchase price of an inventory item during an accounting period must be distinguished from its average selling price and these two average prices should be distinguished from the corresponding balance sheet prices. The accounting framework is implemented for a distribution firm which sold 76,000 separate items. The firm achieved a 9.6 percent per quarter total factor productivity growth rate over 6 quarters
Measuring capital by W. E Diewert( Book )
8 editions published between 2003 and 2004 in English and held by 72 libraries worldwide
The paper revisits Harper, Berndt and Wood (1989) and calculates Canadian reproducible capital services aggregates under alternative assumptions about the form of depreciation, the opportunity cost of capital and the treatment of capital gains. Five different models of depreciation are considered: (1) one hoss shay; (2) straight line depreciation; (3) declining balance or geometric depreciation; (4) linearly declining efficiency profiles and (5) linearly increasing maintenance profiles. The latter form of depreciation does not seem to have been considered in the literature before. This model assumes that there is a known time profile of maintenance expenditures that can be associated with each asset and the optimal time of retirement of the asset as well as the profile of used asset prices becomes endogenous under this specification. It turns out if the maintenance profile increases linearly, then the linearly declining efficiency profile model emerges; see (4) above. We consider 3 alternative assumptions about the interest rate and the treatment of capital gains so that we evaluate 15 models in all and compare their differences. Following Hill (2000), we also consider the differences between cross section and time series depreciation and anticipated time series depreciation (which adds anticipated obsolescence of the asset to normal cross section depreciation of the asset). Finally, we follow the suggestion made by Diewert and Lawrence (2000) that a superlative index number formula be used to aggregate up vintages of capital rather than the usual assumption of linear aggregation, which implicitly assumes that the capital services yielded by each vintage of a homogeneous type of capital are perfectly substitutable
Hedonic imputation versus time dummy hedonic indexes by W. E Diewert( file )
12 editions published between 2007 and 2008 in English and held by 67 libraries worldwide
Statistical offices try to match item models when measuring inflation between two periods. However, for product areas with a high turnover of differentiated models, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. The two main approaches to hedonic indexes are hedonic imputation (HI) indexes and dummy time hedonic (HD) indexes. This study provides a formal analysis of the difference between the two approaches for alternative implementations of an index that uses weighting that is comparable to the weighting used by the Törnqvist superlative index in standard index number theory. This study shows exactly why the results may differ and discusses the issue of choice between these approaches. An illustrative study for desktop PCs is provided
Export supply and import demand functions : a production theory approach by W. E Diewert( Book )
4 editions published in 1986 in English and held by 40 libraries worldwide
In this paper we theoretically and empirically model import demand and export supply behavior of firms for the U.S. economy from 1967-1982. A producer theoretic approach based on duality theory is used to derive econometric systems of producer supply and demand functions that are consistent with profit maximizing behavior. This system is then empirically implemented and the resulting estimates used to construct a full set of supply and demand elasticities characterizing import demand and export supply functions as well as domestic output supply and labor demand. These elasticities are in turn used to derive devaluation elasticities and some estimates of the equilibrium real exchange rate that would cause the U.S. trade surplus to reach zero
Productivity growth and changes in the terms of trade in Japan and the U.S. by Catherine J Morrison( Book )
6 editions published between 1986 and 1988 in English and held by 39 libraries worldwide
In this paper we employ a recently proposed procedure (Dlewert and Morrison[1985]) for adjusting real domestic product and productivity for changes in a country's terms of trade. We apply this procedure to a comparison of two major industrialized countries, the U.S. and Japan. The approach is based on assessing the impact on, alternatively, production or final sales to domestic purchasers, of changes in terms of trade and the balance of payments deficit in a consistent accounting framework. This treatment of international trade allows for comparative statics analysis based only on production theory. The comparison is carried out for a relatively open economy, Japan, with an economy that may not be as vulnerable to terms of trade changes, the U.S. for the years 1967 to 1982
The marginal costs of taxation in New Zealand by W. E Diewert( Book )
2 editions published in 1994 in English and held by 37 libraries worldwide
Measuring the contributions of productivity and terms of trade to Australia's economic welfare : consultancy report by W. E Diewert( Book )
2 editions published in 2006 in English and held by 30 libraries worldwide
Finds that "productivity improvements were the largest single source of improvements in real income followed by labour force increases and capital stock increases." - page ix
The productivity paradox and mismeasurement of economic activity by W. E Diewert( Book )
3 editions published in 1998 in English and held by 28 libraries worldwide
 
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Alternative Names
Diewert, Erwin
Diewert, Erwin, 1941-
Diewert, Erwin W. 1941-
Diewert, W.
Diewert, W. E. 1941-
Diewert, W. Erwin.
Diewert, W. Erwin 1941-
Diewert, Walter E. (Walter Erwin)
Diewert, Walter E. (Walter Erwin), 1941-
Diewert, Walter Erwin
Diewert, Walter Erwin 1941-
Erwin Diewert Walter
Languages
English (154)
German (1)
French (1)
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