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Comments On: “Selected Problems Of Intercountry Comparisons On The Basis Of The Experience Of The Eec”

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  • Irving B. Kravis
  • Robert Summers
  • Alan Heston

Abstract

The paper by Gerardi covers considerable ground, touching on a wide variety of issues in the area of international comparisons of product and purchasing power. Since our views on most of these subjects have been expounded in one or another of the International Comparison Project volumes and we will concentrate mainly on the central issue raised by Gerardi of the selection of an aggregation process that must somehow take account of the tastes of all the people who are the subject of an international comparison inquiry. In addition, we comment on some other points including the notion of special purpose PPPs. Finally, we make a brief statement about where we think future research will be most useful in improving international comparisons.

Suggested Citation

  • Irving B. Kravis & Robert Summers & Alan Heston, 1982. "Comments On: “Selected Problems Of Intercountry Comparisons On The Basis Of The Experience Of The Eec”," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 28(4), pages 407-410, December.
    • Handle: RePEc:bla:revinw:v:28:y:1982:i:4:p:407-410
    DOI: 10.1111/j.1475-4991.1982.tb00625.x
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    Cited by:

    1. W. Erwin Diewert, 1995. "Price and Volume Measures in the System of National Accounts," NBER Working Papers 5103, National Bureau of Economic Research, Inc.
    2. W. Erwin Diewert, 1999. "Axiomatic and Economic Approaches to International Comparisons," NBER Chapters, in: International and Interarea Comparisons of Income, Output, and Prices, pages 13-107, National Bureau of Economic Research, Inc.
    3. Trueblood, Michael A., 1994. "An Annotated Bibliography Of Selected Productivity Literature," Staff Papers 13580, University of Minnesota, Department of Applied Economics.

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