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2009 Purchasing Power Parity Update for Selected Economies in Asia and the Pacific: A Research Study

Author

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  • Asian Development Bank (ADB)
  • Asian Development Bank (ADB)

    (Economic Research and Regional Cooperation Department, ADB)

  • Asian Development Bank (ADB)

    (Economic Research and Regional Cooperation Department, ADB)

  • Asian Development Bank (ADB)

Abstract

This report presents the research initiative to explore an alternative methodology for extrapolating purchasing power parities (PPPs) for 21 participating economies in the Asia and Pacific region. The 2009 PPP Update provides an intermediate benchmark and more firmly based real expenditures and price level indexes for 2009 than would have been possible using the conventional extrapolation technique. The results include PPP-based gross domestic product and its major aggregates of actual final consumption; collective consumption expenditure by general government; gross fixed capital formation; changes in inventories and net acquisitions of valuables; and balance of exports and imports.

Suggested Citation

  • Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2012. "2009 Purchasing Power Parity Update for Selected Economies in Asia and the Pacific: A Research Study," ADB Reports RPT125027, Asian Development Bank (ADB), revised 20 May 2013.
    • Handle: RePEc:asd:wpaper:rpt125027
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    Cited by:

    1. Shohei Nakamura & Rawaa Harati & Somik V. Lall & Yuri M. Dikhanov & Nada Hamadeh & William Vigil Oliver & Marko Olavi Rissanen & Mizuki Yamanaka, 2019. "Is living in African cities expensive?," Applied Economics Letters, Taylor & Francis Journals, vol. 26(12), pages 1007-1012, July.
    2. Shohei Nakamura & Rawaa Harati & Somik V Lall & Yuri M Dikhanov & Nada Hamadeh & William Vigil Oliver & Marko Olavi Rissanen & Mizuki Yamanaka, 2020. "Comparing Costs of Living across World Cities," The World Bank Economic Review, World Bank, vol. 34(Supplemen), pages 79-88.

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