A restricted‐domain multilateral test approach to the theory of international comparisons*
提出一种新的多边检验方法用于国际比较,通过类比生活成本指数的性质来证明其合理性,并评估多种多边比较公式,确定其中两种的相对优越性。
This article develops a novel multilateral test approach to the problem of international comparisons. Many of the associated tests are justified as “reasonable” using the fact that they are direct analogues to properties of the cost‐of‐living index. Further support is bestowed upon the new approach by showing that it is equivalent to an extended version of Diewert's (1986) multilateral test approach. Finally, a number of alternative multilateral comparison formulas are evaluated and the relative superiority of two of them is established.