scale_weights

Scale a vector of weights so that they sum to 1.

Tools to build and work with bilateral generalized-mean
price indexes (and by extension quantity indexes), and indexes composed of
generalized-mean indexes (e.g., superlative quadratic-mean indexes, GEKS).
Covers the core mathematical machinery for making bilateral price indexes,
computing price relatives, detecting outliers, and decomposing indexes,
with wrappers for all common (and many uncommon) index-number
formulas. Implements and extends many of the methods in
Balk (2008, <doi:10.1017/CBO9780511720758>), von der Lippe (2007,
<doi:10.3726/978-3-653-01120-3>), and the CPI manual (2020,
<doi:10.5089/9781484354841.069>).

Steve Martin

gpindex

Generalized Price and Quantity Indexes

scale_weights function

<dl><dt>x</dt>
<dd>A strictly positive numeric vector.</dd></dl>

Arguments

Scale weights — scale_weights

<dl>

<dt>x</dt>
<dd>A strictly positive numeric vector.</dd>

</dl>

scale_weights: Scale weights

Description

Usage

Value

Arguments

See Also

Examples