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price index
(redirected from Fisher index)

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
price index
n.
A number relating prices of a group of commodities to their prices during an arbitrarily chosen base period.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.price index - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
index number, indicator, index, indicant - a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time
retail price index - an index of changes in retail prices
producer price index, wholesale price index - an index of changes in wholesale prices
consumer price index, cost-of-living index, CPI - an index of the cost of all goods and services to a typical consumer


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Moreover, the Fisher index series proved more robust to extreme fare values (6) than did the Tornqvist series.
12) A Fisher index for the physician quantity index was derived using price indexes from the RAMQ data set and the number of physicians from the hospitals' output reports (see Diewert 1992 for a survey on indexes, in which he identifies the Fisher indexes as a preferred measure).
 
 
 
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