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Variable Name piship
Label Deflator for VSHIP 1997=1.000
Codebook NBER-CES Manufacturing Industry Database (2009) [NAICS]
Concept
Type numeric
Direct Link piship

Summary Statistics

vald   24167
invd   429
min   0.044
max   47.409
mean   0.799
stdev   1.552

Full Description

Shipment deflator (equals 1 in 1997). The price indexes used in the calculation of the shipments deflator come from the Bureau of Economic Analysis (BEA) GDP-by-Industry data, found at http://www.bea.gov under the Industry tab. The BEA price index data contain several rolled-up 6-digit codes that combine two or more 6-digit NAICS industries. For example, NAICS 311411 (Frozen Fruit, Juice, and Vegetable Manufacturing) and NAICS 311412 (Frozen Specialty Food Manufacturing) are rolled up into a single code, 311410. This problem is addressed by assuming that industries within each roll-up have the same price structure, and assigning the values of the parent to all associated 6-digit NAICS offspring codes.