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Theoretical and practical issues in purchasing power parities illustrated with reference to the 1993 Organization for Economic Co‐operation and Development data

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  • James R. Cuthbert

Abstract

This paper deals first with some theoretical issues in purchasing power parities, including the definition of a generalized class of additive indices, which includes the standard Geary–Khamis and Iklé indices as special cases, and the definition of indicators of price and quantity structure which are independent of the particular units in which quantities are originally expressed. The paper then provides a comparative analysis of the results of applying these techniques to the 1993 Organization for Economic Co‐operation and Development data and relates the results to underlying features of the price and expenditure data.

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  • James R. Cuthbert, 2000. "Theoretical and practical issues in purchasing power parities illustrated with reference to the 1993 Organization for Economic Co‐operation and Development data," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 163(3), pages 421-444.
    • Handle: RePEc:bla:jorssa:v:163:y:2000:i:3:p:421-444
    DOI: 10.1111/1467-985X.00176
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    Cited by:

    1. Sunde, Uwe, 2001. "Human Capital Accumulation, Education and Earnings Inequality," IZA Discussion Papers 310, Institute of Labor Economics (IZA).
    2. Erwin Diewert, 2010. "New Methodological Developments For The International Comparison Program," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 11-31, June.
    3. Ludwig Auer, 2012. "Räumliche Preisvergleiche: Aggregationskonzepte und Forschungsperspektiven," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 6(1), pages 27-56, December.
    4. Diewert, Erwin, 2008. "New Methodology for Linking the Regions," Economics working papers erwin_diewert-2008-9, Vancouver School of Economics, revised 09 Sep 2008.
    5. Florian Gebreiter & Laurence Ferry, 2016. "Accounting and the ‘Insoluble’ Problem of Health-Care Costs," European Accounting Review, Taylor & Francis Journals, vol. 25(4), pages 719-733, October.

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