The Country-Product-Dummy Method: A Stochastic Approach to the Computation of Purchasing Power Parities in the ICP
AbstractA paper for presentation at the SSHRC Conference on Index Numbers and Productivity Measurement to be held during 30 June ï¿½ 3 July, 2004 in Vancouver. The author wishes to thank Bettina Aten, Erwin Diewert, Alan Heston, Chris Oï¿½Donnell and Marcel Timmer for helpful discussions on the subject matter of this paper.
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Bibliographic InfoPaper provided by School of Economics, University of Queensland, Australia in its series CEPA Working Papers Series with number WP032004.
Date of creation: Jun 2004
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-01-16 (All new papers)
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- Hill, R., 1995. "Chained PPPs and Minimum Spanning Trees," Papers 95/40, New South Wales - School of Economics.
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- Gholamreza Hajargasht & D.S. Prasada Rao, 2008.
"Stochastic Approach to Index Numbers for Multilateral Price Comparisons and their Standard Errors,"
CEPA Working Papers Series
WP062008, School of Economics, University of Queensland, Australia.
- Gholamreza Hajargasht & D. S. Prasada Rao, 2010. "Stochastic Approach To Index Numbers For Multilateral Price Comparisons And Their Standard Errors," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages S32-S58, 06.
- Mick Silver, 2009. "The Hedonic Country Product Dummy Method and Quality Adjustments for Purchasing Power Parity Calculations," IMF Working Papers 09/271, International Monetary Fund.
- Fadi Hassan, 2011. "The Penn-Belassa-Samuelson Effect in Developing Countries: Price and Income Revisited," CEP Discussion Papers dp1056, Centre for Economic Performance, LSE.
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