Abstract
In the previous chapter (1.3 and 1.4) the conclusion was reached that rice prices were a reasonable substitute for complete index numbers for the cost of living. The prices of a single commodity, however, are susceptible to specific influences that would be cancelled out in the average of prices of a whole range of articles commonly used to calculate index numbers for the cost of living. In the following sections therefore a brief outline is given of the characteristics of the rice market in order to provide some point of reference to distinguish influences that have no bearing on price formation in general.
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© 1978 Springer Science+Business Media Dordrecht
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Mansvelt, W.M.F., Creutzberg, P. (1978). The operation of the rice market. In: Creutzberg, P. (eds) Rice Prices. Changing Economy in Indonesia, vol 4. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-8073-3_2
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DOI: https://doi.org/10.1007/978-94-011-8073-3_2
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-247-2094-1
Online ISBN: 978-94-011-8073-3
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