ON THE ESTIMATION OF PURCHASING POWER PARITIES ON THE BASIC HEADING LEVEL

Hugo Krijnse Locker

Review of Income and Wealth, 1984, vol. 30, issue 2, 135-152

Abstract: The estimation procedure for purchasing power parities is generally divided into two parts, one for calculating transitive PPP's within basic headings and a second beyond this most detailed level up to gross domestic product. This paper only concerns the first step. It provides a description of the work carried out by the European Communities in 1980 within the United Nations International Comparison Project (ICP) framework. The estimated PPI's for basic headings are put forward together with the procedures for product selection and specification, the classification used for these purposes and the impact on the estimation of transitive PPP's. Instead of the country‐product dummy (CPD) method used in the ICP, a revised Elteto‐Köves‐Szulc (EKS) procedure is proposed in which the estimation method and product selection constitute one integrated procedure.

Date: 1984
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/j.1475-4991.1984.tb00482.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:30:y:1984:i:2:p:135-152

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0034-6586

Access Statistics for this article

Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill

More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().