Regional Output Differences in International Perspective

Bettina Aten and Alan Heston

No DP2003-55, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Accurate regional estimates of output are desired as an indicator of level of development and as a variable used to explain internal migration, demand patterns, fertility and other aspects of behaviour. This chapter explores one often neglected aspect of regional income differences, namely that due to price differences or regional purchasing power parities. When nominal regional income measures are adjusted for these price level differences they are termed real regional incomes.

Keywords: Economic development; Income distribution; Internal migration; Prices; Regional economics (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (6)

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