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

by Asian Development Bank

Asian Development Bank

Paperback 104 pages English January 29, 2021

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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.
Author:
Asian Development Bank
Publisher:
Asian Development Bank
Publication Date:
January 29, 2021
Number of pages:
104 pages
Language:
English
Binding:
Paperback
ISBN-10:
9292626744
ISBN-13:
9789292626747