Measuring the Real Size of the World Economy The Framework, Methodology, and Results of the International Comparison Program (ICP) |
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Author:
| Bank, World |
ISBN: | 978-0-8213-9728-2 |
Publication Date: | May 2013 |
Publisher: | World Bank Publications
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Book Format: | Paperback |
List Price: | USD $55.00USD $55.00 |
Book Description:
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The International Comparison Program (ICP) is a global statistical initiative to collect comparative price data to estimate Purchasing Power Parities (PPPs) of the currencies of the world's economies. This volume provides a comprehensive review of the statistical theory and methods underlying the estimation of PPPs and real expenditures, the choices made for the 2005 ICP round, and the lessons learned that led to improvements in the 2011 ICP.
The International Comparison Program (ICP) is a global statistical initiative to collect comparative price data to estimate Purchasing Power Parities (PPPs) of the currencies of the world's economies. This volume provides a comprehensive review of the statistical theory and methods underlying the estimation of PPPs and real expenditures, the choices made for the 2005 ICP round, and the lessons learned that led to improvements in the 2011 ICP.