Constructing Purchasing Power Parities Using a Reduced Information Approach: A Research Study
This publication presents the methodology and results of research on a cost-effective approach for estimating purchasing power parities (PPPs). The study drew on price and national accounts data from 20 economies in Asia and the Pacific. It used a “reduced information” approach to generate more firmly based estimates of PPPs, price level indexes, and measures of real (PPP-based) expenditures than conventional extrapolation methods would obtain. The results include PPP-based gross domestic product and its major aggregates of individual consumption expenditure by households and nonprofit institutions serving households, government final consumption expenditure, gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables, and balance of exports and imports.
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Constructing Purchasing Power Parities Using a Reduced Information Approach: A Research Study
This publication presents the methodology and results of research on a cost-effective approach for estimating purchasing power parities (PPPs). The study drew on price and national accounts data from 20 economies in Asia and the Pacific. It used a “reduced information” approach to generate more firmly based estimates of PPPs, price level indexes, and measures of real (PPP-based) expenditures than conventional extrapolation methods would obtain. The results include PPP-based gross domestic product and its major aggregates of individual consumption expenditure by households and nonprofit institutions serving households, government final consumption expenditure, gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables, and balance of exports and imports.
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Constructing Purchasing Power Parities Using a Reduced Information Approach: A Research Study

Constructing Purchasing Power Parities Using a Reduced Information Approach: A Research Study

by Asian Development Bank
Constructing Purchasing Power Parities Using a Reduced Information Approach: A Research Study

Constructing Purchasing Power Parities Using a Reduced Information Approach: A Research Study

by Asian Development Bank

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Overview

This publication presents the methodology and results of research on a cost-effective approach for estimating purchasing power parities (PPPs). The study drew on price and national accounts data from 20 economies in Asia and the Pacific. It used a “reduced information” approach to generate more firmly based estimates of PPPs, price level indexes, and measures of real (PPP-based) expenditures than conventional extrapolation methods would obtain. The results include PPP-based gross domestic product and its major aggregates of individual consumption expenditure by households and nonprofit institutions serving households, government final consumption expenditure, gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables, and balance of exports and imports.

Product Details

ISBN-13: 9789292626754
Publisher: Asian Development Bank
Publication date: 01/01/2021
Series: International Comparison Program
Sold by: Barnes & Noble
Format: eBook
Pages: 102
File size: 8 MB
Age Range: 18 Years
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