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Purchasing power parities for Latin America and the Caribbean, 2005-2013: methods and results

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  • Epstein, Hernán
  • Marconi, Salvador

Abstract

This work sets out some methodological aspects and gross domestic product (GDP) series for Latin America and the Caribbean for the period 2005-2013, expressed in purchasing power parities (PPP), and points out a number of limitations applying to this sort of exercise. Comparisons are made with series (at current and constant prices) denominated in dollars at market exchange rates, and also with the results of the 2005 round of the International Comparison Programme. A number of hypotheses are advanced to interpret the behaviour of the main economic variables calculated in the study.

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  • Epstein, Hernán & Marconi, Salvador, 2016. "Purchasing power parities for Latin America and the Caribbean, 2005-2013: methods and results," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    • Handle: RePEc:ecr:col070:40782
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    1. Angus Deaton & Bettina Aten, 2017. "Trying to Understand the PPPs in ICP 2011: Why Are the Results So Different?," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(1), pages 243-264, January.
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