Reliability of basic heading PPPs

Gholamreza Hajargasht (), D.S. Prasada Rao () and Abbas Valadkhani

Economics Letters, 2019, vol. 180, issue C, 102-107

Abstract: Purchasing power parities (PPPs) are compiled using a two-stage process. In the first stage, prices of items are aggregated without weights to obtain basic heading (BH) PPPs. BH PPPs are then combined using expenditure weights to compute PPPs for major aggregates. This paper derives two results on the reliability of PPPs at the basic heading level.

Keywords: ICP; CPD; Dissimilarity; Reliability (search for similar items in EconPapers)
JEL-codes: C13 C83 E01 E31 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:180:y:2019:i:c:p:102-107

DOI: 10.1016/j.econlet.2019.02.023

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