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

2007/01/01 by Stephan Pfaffenzeller, Paul Newbold, Anthony Rayner +1 · 2 citations
Economics, Econometrics and Finance · #Economic Theory and Policy #Market Dynamics and Volatility #Monetary Policy and Economic Impact

paper · doi:10.1093/wber/lhl013

openalex publication_date 2007/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/26

Abstract

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.

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