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st: efficient way to construct prices


From   "Alexand Shepotilo" <shepotil@econ.bsos.umd.edu>
To   <statalist@hsphsun2.harvard.edu>, <sdriver@stata.com>
Subject   st: efficient way to construct prices
Date   Mon, 28 Jul 2003 14:48:55 -0400

Dear Statalist,

      I have data on household expenditures. Each datapoint tells about
volume and value of product k that household i from region j has bought.
I can get information on price of each transaction as price =
value/volume.
     I also have data on volume of home production of good k by HH i in
region j. Now, the problem is to calculate value of home production. I
need to construct average price of good k in region j. Can you suggest
how to generate average price? It has to be programmed since I have 100
products and 90 regions.

Oleksandr.

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