P

Paasche index (E3)

An index of output or prices which uses weights of the current year. The Paasche price index is

eq0028

where p1, are the prices of the current year, p0 are the prices of the base year and q1 are the weights of the current year. The Paasche output index is

eq0029

where q1 are the quantities of the current year, q0 are the quantities of the base year and p1 are the prices of the current year.

Pacific Rim (O0)

The thirty-four countries and twenty-three islands around the Pacific covering 70 million square miles (180 square kilometres) and ...

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