IMF Applications of Purchasing Power Parity Estimates
AbstractThe IMF’s main uses of the International Comparison Program’s (ICP) estimates of purchasing power parity (PPP)-adjusted Gross Domestic Product (GDP) are as an element of the formula used to help guide decisions on its members’ quotas and in the World Economic Outlook (WEO). The paper outlines these uses and considers measurement issues particularly salient to IMF usage including: PPP imputations for member countries not participating in the ICP; PPP estimates for non-benchmark years; timeliness and periodicity of PPP estimates; economy groupings; and transparency. The paper was written as a chapter on ?IMF uses of PPPs? for the 2011 ICP Handbook.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 10/253.
Date of creation: 01 Nov 2010
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-12-04 (All new papers)
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- Johnson, Simon & Larson, William & Papageorgiou, Chris & Subramanian, Arvind, 2013.
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