Purchasing Power Parities and the Real Size of World Economies

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Publisher : World Bank Publications
ISBN 13 : 1464803293
Total Pages : 327 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Purchasing Power Parities and the Real Size of World Economies by : World Bank

Download or read book Purchasing Power Parities and the Real Size of World Economies written by World Bank and published by World Bank Publications. This book was released on 2014-11-20 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2011 International Comparison Programme (ICP) is a worldwide statistical initiative that aims to estimate Purchasing Power Parities (PPPs) to be used as currency converters to compare the size and price levels of economies around the world -- crucial information for research in comparative analysis and policy making.

Measuring the Real Size of the World Economy

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821397311
Total Pages : 697 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Measuring the Real Size of the World Economy by : World Bank

Download or read book Measuring the Real Size of the World Economy written by World Bank and published by World Bank Publications. This book was released on 2013-04-25 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a comprehensive review of the statistical theory and methods underlying the estimation of purchasing power parities (PPPs) and real expenditures, the choices made for the 2005 International Comparison Program (ICP) round, and the lessons learned that led to improvements in the 2011 ICP.

Purchasing Power Parities and the Size of World Economies

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464815313
Total Pages : 279 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Purchasing Power Parities and the Size of World Economies by : World Bank Group

Download or read book Purchasing Power Parities and the Size of World Economies written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-06 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across economies. Through a partnership with international, regional, sub-regional and national agencies, the ICP collects price data and GDP expenditures to estimate purchasing power parities (PPPs) for the world’s economies. The report provides ICP results for the benchmark year 2017 and revised results for earlier years. ICP data are used for socio-economic analyses by researchers, academics, policy makers at the national and international levels, and by organizations such as the European Union, the International Monetary Fund, the Organization for Economic Co-operation and Development, the United Nations, and the World Bank. Notably, PPPs and ICP data are used in indicators monitoring progress towards eight goals of the United Nations’ 2030 Agenda for Sustainable Development, the World Bank’s international poverty lines, and the construction of the Human Development Index by the United Nations, among others. The use of PPPs continues to grow and the ICP website (icp.worldbank.org) lists many applications of the data by the development community, academia, media and others.

Eurostat-OECD Methodological Manual on Purchasing Power Parities (2012 Edition)

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264189238
Total Pages : 448 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Eurostat-OECD Methodological Manual on Purchasing Power Parities (2012 Edition) by : OECD

Download or read book Eurostat-OECD Methodological Manual on Purchasing Power Parities (2012 Edition) written by OECD and published by OECD Publishing. This book was released on 2012-11-30 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual gives a complete, detailed and up-to-date description of the Eurostat-OECD PPP Programme, including its organisation, the various surveys carried out by participating countries and the ways PPPs are calculated and disseminated. It also provides guidance on the use of PPPs.

Regression Estimates of Per Capita GDP Based on Purchasing Power Parities

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4./5 ( download)

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Book Synopsis Regression Estimates of Per Capita GDP Based on Purchasing Power Parities by : Sultan Ahmad

Download or read book Regression Estimates of Per Capita GDP Based on Purchasing Power Parities written by Sultan Ahmad and published by World Bank Publications. This book was released on 1991 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the Bank uses regressions to fill gaps in purchasing power parity based on estimates of per capita income.

Purchasing Power Parities and Real Expenditures

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Author :
Publisher :
ISBN 13 : 9789715616409
Total Pages : 217 pages
Book Rating : 4.6/5 (164 download)

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Book Synopsis Purchasing Power Parities and Real Expenditures by : Asian Development Bank. Economics and Research Department

Download or read book Purchasing Power Parities and Real Expenditures written by Asian Development Bank. Economics and Research Department and published by . This book was released on 2007 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents estimates of purchasing power parities (PPPs) for 23 economies participating in the 2005 International Comparison Program in Asia and the Pacific. These PPPs, disaggregated by major macroeconomic variables, enable a robust cross-country comparison as they include variables such as per capital real gross domestic product (which identifies economies that are rich); real per capita actual final consumption expenditure (which measures economic well-being); gross fixed capital formation (which reflects investment); and price level indexes (which indicates the relative cost of living by economy).

2017 International Comparison Program in Asia and the Pacific

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292622005
Total Pages : 159 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis 2017 International Comparison Program in Asia and the Pacific by : Asian Development Bank

Download or read book 2017 International Comparison Program in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-05-01 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides estimates of purchasing power parities (PPPs) and real expenditures for 22 economies in Asia and the Pacific. These are summary regional results from the 2017 cycle of the International Comparison Program (ICP), a global statistical initiative carried out under the auspices of the United Nations Statistical Commission. The report provides estimates of PPPs, real expenditures for total and per capita gross domestic product (GDP) and its component expenditures derived using PPPs, and price level indexes showing relative costs of living. The PPPs enable comparison in real terms across economies by removing the price level differences among them.

Measuring Capacity of National Economies Using Purchasing Power Parities

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Author :
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Measuring Capacity of National Economies Using Purchasing Power Parities by : Dieter Strack

Download or read book Measuring Capacity of National Economies Using Purchasing Power Parities written by Dieter Strack and published by . This book was released on 1997 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Purchasing Power Parities for Policy Making

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis Purchasing Power Parities for Policy Making by : World Bank

Download or read book Purchasing Power Parities for Policy Making written by World Bank and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across economies. Through a partnership with international, regional, sub-regional and national agencies, the ICP collects price data and GDP expenditures to estimate purchasing power parities (PPPs) for the world's economies. This guide provides an overview of how data and indicators based on these ICP outputs are used in a host of analyses, including monitoring progress towards the Sustainable Development Goals, to inform policy making across the socioeconomic spectrum at the national, regional, and international levels. Seventy charts and maps illustrating these uses are organised under eleven policy-focused chapters: the size of the economy and price levels; poverty and inequality; trade and competitiveness; labor costs, wages, and social safety nets; food and nutrition; health; education; energy and climate; infrastructure; human development; and administrative uses. The indicators are produced by the World Bank and other organizations including Eurostat, the Food and Agriculture Organization, the International Energy Agency, the International Labour Organization, the International Monetary Fund, the International Telecommunication Union, the Organisation for Economic Co-operation and Development, the United Nations Development Program, the United Nations Educational, Scientific and Cultural Organization, the World Economic Forum, and the World Health Organization. The guide also highlights notable uses of underlying ICP data on food prices and on public sector wages, as well as the wealth of data from the ICP database itself, such as price levels, real expenditures, and expenditure shares for aggregates below GDP for each economy. In addition, the guide includes a comprehensive chapter on the uses and limitations of PPPs and analyses for which they are appropriate, as well as a technical note outlining the concepts and definitions of terms used. A web-based version (https://www.worldbank.org/en/programs/icp/brief/PPPs-for-Policy ) is also available, and more information can be found on icp.worldbank.org.

Constructing Purchasing Power Parities Using a Reduced Information Approach

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292626752
Total Pages : 158 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Constructing Purchasing Power Parities Using a Reduced Information Approach by : Asian Development Bank

Download or read book Constructing Purchasing Power Parities Using a Reduced Information Approach written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-01-01 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Facing Up to Low Productivity Growth

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Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327328
Total Pages : 499 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Facing Up to Low Productivity Growth by : Adam S. Posen

Download or read book Facing Up to Low Productivity Growth written by Adam S. Posen and published by Peterson Institute for International Economics. This book was released on 2019-02-01 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor productivity growth in the United States and other advanced countries has slowed dramatically since the mid-2000s, a major factor in their economic stagnation and political turmoil. Economists have been debating the causes of the slowdown and possible remedies for some years. Unaddressed in this discussion is what happens if the slowdown is not reversed. In this volume, a dozen renowned scholars analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, inequality, and, ultimately, politics in the advanced industrial world. They conclude that slow productivity growth could lead to unpredictable and possibly dangerous new problems, aggravating inequality and increasing concentration of market power. Facing Up to Low Productivity Growth also proposes ways that countries can cope with these consequences.

International Comparisons of Real Product and Purchasing Power

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Author :
Publisher : Johns Hopkins University Press
ISBN 13 :
Total Pages : 288 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis International Comparisons of Real Product and Purchasing Power by : Irving B. Kravis

Download or read book International Comparisons of Real Product and Purchasing Power written by Irving B. Kravis and published by Johns Hopkins University Press. This book was released on 1978 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the United Nations International Comparison Project (ICP) is to compare the purchasing power of currencies and the real gross domestic product (GDP) per capita of different countries. It is well known that the usual method of converting the GDPs of different countries to a common currency, usually U.S. dollars, at existing exchange rates is misleading because exchange rates do not necessarily reflect the purchasing power of currencies. The ICP has found that the purchasing power of a country's currency over GDP can be as much as three times its dollar exchange rate, and thus the real GDP per capita is three times the value shown in an exchange-rate conversion. The unsatisfactory nature of exchange-rate conversions has become even clearer in the past few years under the new regime of managed floating rates. Changes in exchange rates of as much as 20 percent within the space of a year have not been unusual even among major currencies.

Dollar a Day Revisited

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4./5 ( download)

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Book Synopsis Dollar a Day Revisited by : Martin Ravallion

Download or read book Dollar a Day Revisited written by Martin Ravallion and published by World Bank Publications. This book was released on 2008 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The article presents the first major update of the international $1 a day poverty line, proposed in World Development Report 1990: Poverty for measuring absolute poverty by the standards of the world's poorest countries. In a new and more representative data set of national poverty lines, a marked economic gradient emerges only when consumption per person is above about $2.00 a day at 2005 purchasing power parity. Below this, the average poverty line is $1.25, which is proposed as the new international poverty line. The article tests the robustness of this line to alternative estimation methods and explains how it differs from the old $1 a day line.

Handbook of the International Comparison Programme

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Publisher : New York : United Nations
ISBN 13 :
Total Pages : 142 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Handbook of the International Comparison Programme by : United Nations. Statistical Office

Download or read book Handbook of the International Comparison Programme written by United Nations. Statistical Office and published by New York : United Nations. This book was released on 1992 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the International Comparison Programme which intends to produce estimates, comparable in real terms, for the gross domestic product. Provides guidance for those working in national statistical offices on the Programme.

Purchasing Power Parity and Real Exchange Rates

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Publisher : Routledge
ISBN 13 : 1317988205
Total Pages : 227 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Purchasing Power Parity and Real Exchange Rates by : Mark P. Taylor

Download or read book Purchasing Power Parity and Real Exchange Rates written by Mark P. Taylor and published by Routledge. This book was released on 2013-09-13 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term Purchasing Power Parity may date from the early twentieth century, when it was coined by the Swedish economist Gustav Cassel, but the underlying concept had been enjoying varying degrees of success since its development in sixteenth century Spain. Even towards the end of the twentieth century, and especially since the breakdown of the Bretton Woods system of fixed exchange rates, PPP and the stability of real exchange rates continued to be the subject of academic debate. This volume brings together essays covering aspects of current thinking on Purchasing Power Parity, from the various ways in which to test for its existence, to its appearance in different economies around the world, to examinations of the explanations given when PPP does not appear to hold This book was published as a special issue of Applied Financial Economics. The academic editor of this journal is Mark P. Taylor.

Multilateral Measurements of Purchasing Power and Real GDP

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Author :
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Multilateral Measurements of Purchasing Power and Real GDP by : Peter Hill

Download or read book Multilateral Measurements of Purchasing Power and Real GDP written by Peter Hill and published by . This book was released on 1982 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Purchasing Power Parities and Real Expenditures in the OECD

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Publisher : Paris, France : Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Center
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Purchasing Power Parities and Real Expenditures in the OECD by : Michael Ward

Download or read book Purchasing Power Parities and Real Expenditures in the OECD written by Michael Ward and published by Paris, France : Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Center. This book was released on 1985 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: