Understanding PPPs and PPP-based National Accounts

被引:146
作者
Deaton, Angus [1 ]
Heston, Alan [2 ]
机构
[1] Princeton Univ, Woodrow Wilson Sch, Program Dev Studies, Princeton, NJ 08544 USA
[2] Univ Penn, Washington, DC 20003 USA
关键词
PENN WORLD TABLE; INTERNATIONAL COMPARISONS; PURCHASING POWER; INDEXES;
D O I
10.1257/mac.2.4.1
中图分类号
F [经济];
学科分类号
02 ;
摘要
We provide an overview of the theory and practice of constructing PPPs. We focus on four practical areas: how to handle international differences in quality; the treatment of urban and rural areas of large countries; how to estimate prices for government services, health, and education; and the effects of the regional structure of the latest International Comparison Program for 2005. We discuss revisions of the Penn World Table, and their effects on econometric analysis, and include health warnings. Some international comparisons are close to impossible, even in theory and in others, the practical difficulties make comparison exceedingly hazardous. (JEL C43, E01, E31, O57).
引用
收藏
页码:1 / 35
页数:35
相关论文
共 52 条
  • [1] Afriat S. N., 1967, Econometrica, V8, P67, DOI DOI 10.2307/2525382
  • [2] Afriat SN., 1972, International Comparisons of Prices and Outputs, P13
  • [3] Alterman WilliamF., 1999, International Trade Price Indexes and Seasonal Commodities
  • [4] [Anonymous], SENSITIVITY PPP BASE
  • [5] [Anonymous], 2008, POLICY RES WORKING P
  • [6] [Anonymous], 1924, Metron
  • [7] [Anonymous], 2007, CHINESE EC PERFORMAN, DOI DOI 10.1787/9789264037632-EN
  • [8] [Anonymous], 2008, WORLD DEV IND 2008
  • [9] [Anonymous], PURCH POW PAR REAL E
  • [10] [Anonymous], 2011, World development indicators