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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

Paperback

Business GeneralEconomicsInvesting & Finance

ISBN10: 9292626744
ISBN13: 9789292626747
Publisher: Asian Development Bank
Published: Mar 30 2021
Pages: 102
Weight: 0.76
Height: 0.28 Width: 8.50 Depth: 11.00
Language: English
This publication presents a cost-effective reduced information approach for estimating purchasing power parities (PPPs).

The approach can generate more firmly based estimates of PPPs, price level indexes, and measures of real (PPP-based) expenditures than conventional extrapolation methods. 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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Economics