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Generalised Eltetö-Köves-Szulc and Country-Product-Dummy Methods for International Comparisons

D.S. Prasada Rao (d.rao@uq.edu.au)

Chapter 4 in Purchasing Power Parities of Currencies, 2009, pp 86-120 from Edward Elgar Publishing

Abstract: This up-to-date book demonstrates how the purchasing power parities (PPPs) of currencies are being increasingly used in place of exchange rates for a variety of purposes. These include: comparisons of real income, measurements of global inequality and poverty, calculation of the human development index and assessment of nations economic performance.

Keywords: Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2009
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