International and Interarea Comparisons of Income, Output, and Prices
International and Interarea Comparisons of Income, Output, and Prices

Author: Alan Heston

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 546

ISBN-13: 0226331121

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Economists wish to compare prices, real income, and output across countries and regions for many purposes. In the past, such comparisons were made in nominal terms, or by using exchange rates across countries, ignoring differences in price levels and thus distorting the results. Great progress has been made in interspatial comparisons in the past thirty years, but descriptions and discussions of the new measures have been scattered in unpublished or inaccessible papers. International and Interarea Comparisons of Income, Output, and Prices includes discussions of developments in the United Nations International Comparison Program, the largest effort in this field, and in the ICOP program on the production side, including efforts in both to extend the comparisons to the formerly planned economies. Other papers in this volume explore new programs on interspatial comparisons within the United States. There are also theoretical papers on how interspatial comparisons should be made and several examples of uses of such comparisons.

MECHANISM MINING OF INTERNATIONAL COMPARISON
MECHANISM MINING OF INTERNATIONAL COMPARISON

Author: Dong Qiu

Publisher: American Academic Press

Published: 2023-01-02

Total Pages: 256

ISBN-13: 1631815954

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The comparison between international purchasing power and real GDP is very important to the judgment of national power and is the main content of national economic statistics. Although the ICP has experienced more than 50 years, its methodological research should continue. This book gives the research pattern, namely "ICP logic diagram", and puts forward more than 50 methodological issues to be considered. The "pure price ratio assumption" and "equal price ratio assumption" and their impact on the ICP data results are analyzed. It also reviews the important literatures on the recent ICP, especially pointing out that the ICP data results have the measurement risk of "anti-basic facts". This book traces back to "Ryten Report" and explores the principles of spatial economic comparison and the corresponding basic concepts of economics.

Consumer Price Index Manual
Consumer Price Index Manual

Author: International Labour Office

Publisher: International Labour Organization

Published: 2004-08-25

Total Pages: 578

ISBN-13: 9789221136996

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The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.