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How Should Relative Changes be Measured?
Abstract
Various indicators of relative change (or difference) are considered. It is shown that the log change defined by log e (y/x) is the only symmetric, additive, and normed indicator of relative change. It is proposed that the values of the log change in percent, 100 log e (y/x), be denoted by the symbol L%, the log percentage. It is hoped that the symmetric and additive log percentages will gradually replace the ordinary asymmetric and nonadditive percentages.
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Cited by
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The Flow Approach to Labor Markets: New Data Sources and Micro–Macro Links
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Schübel, R., Nattenmüller, J., Sookthai, D., Nonnenmacher, T., Graf, M. E., Riedl, L., Schlett, C. L., von Stackelberg, O., Johnson, T., Nabers, D., et al. (2018) · The American Journal of Clinical Nutrition · doi:10.1093/ajcn/nqy196 · Cited by 274
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Metadata
- Authors
- Törnqvist, L., Vartia, P., & Vartia, Y. O.
- Venue
- The American Statistician
- Publisher
- Informa UK Limited
- Published
- 1985-02
- Volume
- 39
- Issue
- 1
- Pages
- 43-46
- ISSN
- 0003-1305 (ISSN-L)
- 1537-2731
- OpenAlex
- W2038895391
- Cited by
- 466
- References
- 0
- FWCI
- 2.99
- Type
- journal article
- Language
- en
- Open access
- closed
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- Törnqvist, L., Vartia, P., & Vartia, Y. O. (1985). How Should Relative Changes be Measured? The American Statistician. https://doi.org/10.1080/00031305.1985.10479385
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