A Short Note on Updating the Grilli and Yang Commodity Price Index

The Grilli and Yang commodity price index is one of the most widely used commodity price series in the applied economics literature. This note provides some practical advice on updating this data series by listing the base period index values, identifying relevant data sources, and describing a meth...

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Bibliographic Details
Main Authors: Pfaffenzeller, Stephan, Newbold, Paul, Rayner, Anthony
Published: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4450
Description
Summary:The Grilli and Yang commodity price index is one of the most widely used commodity price series in the applied economics literature. This note provides some practical advice on updating this data series by listing the base period index values, identifying relevant data sources, and describing a method for computing subindex weights.